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360 will do fine. It should sell at least 30 million units bare minimum, and at most sell 65 million if it somehow manages to take of in Japan...
360 stands to make more profit and have a larger market share than the xbox
PS3 stands to lose money or break even while the PS2 made billions, and PS3 is definitely not going to have the same market share as PS2. So who's struggling? (not saying PS3 is a bad gaming machine)