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kowenicki said:
The 360 under tracks is somewhat accounted for here. But there is still at least another 200k on top of say 300k here to account for. The 360 is at least 700k under tracked IMO. I knew it was ridiculously low in Europe and others in the VGC numbers over the last few months of 2012 and said so many times.

An extra 700k on VGC numbers would still mean supply of 1.6m, or almost 4 months supply.


Pretty much.  700k undertracked sounds about right.  I highly doubt MS has more than 4 months worth of supply just sitting on shelves