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Looking at past data, holidays makes the biggest difference in the US and UK, where the best selling console for the rest of the year tends to dominate completely. Maybe it'll be different this gen, but I doubt it. Whatever we're looking at in January will continue (probably) to be the situation for the rest of the gen.

That said: The dominant sales forces of a gen, and what makes sales interesting, is what influence it'll have on the industry as a whole.