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Mr Puggsly said:

I doubt MS is sacrificing the kind of money on X1 Sony sacrificed on PS3. Sony was losing hundred of dollars on each unit sold and had to do price cuts almost year after year.

They were losing billions even while PS2 and PSP were selling in droves.

pure speculation based on nothing but your bias, nice.
But by all means, do go on and dig up old m&l / isupli guestimates from 2006.