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Hmm, I think it could've shifted the balance of the "console war" 10 to 15 million in playstation's favour. The Xbox may not have sold huge amounts before the PS3 launched, but it helped it get a lot of mindshare (particularly in the US.) If they had launched simultaneously the Xbox would have sold less than it did and just generally penetrated the market less. This would've likely resulted in less investment from 3rd parties (and possibly MS) in the Xbox generally and more of a shift towards the PS3.
People will probably disagree with me but I think the overall console war would've been very different.