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Wman1996 said:

It would make software and sales really interesting.  However, beating Sony to the punch again better not result in hardware failures. The Red Ring of Death was crazy common and would've been a lot less prevalent if Xbox 360 launched in 2006 like PS3 and Wii.

The Red Ring of Death really hurt them in Europe. The Xbox360 was not on the level of Playstation in Europe, but was doing ok. Then the Red Ring of Death happened.

I don't like to generalize but I have the impression there is a difference in culture between America and Europe when it comes how people deal with this. My impression of Americans is they are more willing to give a person/company a second chance, if that person/company makes a sincere apology and tries it's best to fix a F-up.

In Europe, at least mainland where I live, people are not that eager. The general impression of ex Xbox360 owners I know is that first Microsoft has to prove it can make a console that is reliable for 10+ years before considering spending money on Xbox again. That was one reason few transferred to XBOXone.