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mrstickball said:
The PS3 will most likely surpass the 360 when the next Xbox is released, and the PS3 is still the only Sony console out there, giving it some time to catch up the few million the 360 is still ahead by.

 You assume things will play out just like last gen, which there are key reasons they are likely not.

 

There's no law says MS has to anbandon it's console, and the Sony will support theirs for a long time. Just because it happened one time. 

 

Number one, the console maker who is in the lead and making profits off software while the hardware has paid for itself is the one who doesn't want a particular generation to end. In the last case, that was clearly Sony and the PS2. However in this case, it's much more likely to be MS and the Xbox360 taking the PS2's role. The one with the vast install base and the tons of software and the paid-for low priced hardware.

Number 2, Xbox 1 was cut off abruptly for some very specific reasons, namely that it was built on a money pit hardware licensing model, that was changed in the 360. Long story short, Nvidia and Intel owned the IP rights to the chips in Xbox 1. As such they could pretty much charge what they wanted for them (led to the MS-Nvidia royalty dispute...) which led to very high hardware costs. Xbox 360 is built on a different model, this time MS made sure they owned the chip IP. They can shop around the chips and have them produced wherever they want. This will lead to much lower costs over time. Oh it also didn't help that they had a built in hard drive.

Basically at the end of it's life with Xbox 1, MS was still losing money and no end in site at $149. THAT is why the project was terminated so quickly. 360 is a whole different story.

 

If anything, Sony has the more expensive, difficult to cost reduce hardware this time around (although it's not based on the terrible Xbox 1 model, it still has a lot of high costs like Blu_Ray, Cell, and built in HDD). 

All these factors line up to make it most likely that 360 will be far longer and better supported than PS3. Especially given that PS3 appears to be falling behind in the race for third party support.