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Yes, profit is the ultimate measure of who is doing the best. Companies without profits will tout revenues, etc. For example, if a publically held company really struggles to generate sustained profits iin a specific business over a long period of time, investors might wonder why that company is in that business.

Sales, however, indicate which consoles will have the best third party support. The DS, for example, has awesome third party support compared to the PSP. When the PSP was out for its second year, just like the PS3, a lot of people wondered, "where are the games?" In fact, arstechnica even made an article about it.

So the two big indicators are sales and profit.