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They launched a year before the competition and at first ignored RRoD caused by their rush, but then started to do something about it.  Their fiscal numbers, however, don't include the billion $ plus RRoD repair writedowns.  Sales-wise, though...yeah, people were ready for a new gen and they were first.

PS3 has sold faster than 360 over the same period, though, even with a higher price and the 360 already out and somewhat (established).