The 360 appears to be doing better in Europe than the XBox did. The original XBox sold 7.78 m, and 360 is already at 3.31 m. With 6 years on the market, vs less than 4, and with a potential tipping point for the system sales-wise being GTA4, I could see 360 ending up with 15 million or more sold in Europe. Thats not too shabby.
"[Our former customers] are unable to find software which they WANT to play."
"The way to solve this problem lies in how to communicate what kind of games [they CAN play]."
Satoru Iwata, Nintendo President. Only slightly paraphrased.