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thismeintiel on 31 December 2011
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JimmyDanger said:

I think some of you don't understand the difference between improbable (or highly improbable) - and impossible.

Here - (from dictionary.com)

im·pos·si·ble [im-pos-uh-buhl]
adjective
1. not possible; unable to be, exist, happen, etc.
2. unable to be done, performed, effected, etc.: an impossible assignment.
3. incapable of being true, as a rumor.
4. not to be done, endured, etc., with any degree of reason or propriety: an impossible situation.
5. utterly impracticable: an impossible plan.

Origin:
1250–1300; Middle English < Latin impossibilis. See im-2 , possible

Related forms
im·pos·si·ble·ness, noun
im·pos·si·bly, adverb

Can be confused:  impossible, impracticable, impractical, improbable.

Don't you feel bad for wasting your time posting a definition in a forum. 

Impossible can depend on one's view of a certain situation.  What I think is impossible, you may see as completely doable.  By the time my OP was written, MS had already priced some of their holiday bundles, so it was obvious they weren't dropping the price of the 360.  So, in my mind, it was completely impossible for them to beat the PS3 this year.  They did make up for this with 2 months of $100 giftcards in their largest market, but it still turned out impossible to beat the PS3.