Likely much quicker considering future price cuts will put it in the mass market price range coupled with it's growing library of fantastic console exclusives.

The 360 is actually picking up steam in European market and making inroads :)

HSG?  Oh Hot Shot Golf, hopefully the PS3 will get it's second million seller and maybe help it to spur sales for games on that console in general.

It'll also pass half the lifespan of the original Xbox this Christmas don't forget.   It's a bit too early to determine the overall success.  It's done well so far but has the 360 simply been burning through the Xbox fanbase quicker or is it really reaching out to a new market?  Time will tell.  BTW, yes I know MS claims only half of current 360 owners were Xbox owners but MS also claimed to have broken 10 million in sales last Christmas and says the failure rate of the 360 is 3%.  I trust the first statement about as much as I do the other two (which are known to be false). 

This is especially since the 360 has only sold a few percentage points better in the US at this point than Xbox.  It's doing better in Europe and Japan (very relatively there) but then it launched a year before its Playstation competitor not a year after.  Will that continue with the PS3 out?  Again, time will tell.  It'll definitely help if MS gives the 360 a 5 year life-span instead of 4 years like the Xbox.

And since the systems now cost less to make, thanks to volume, they can afford a price cut soon, spurring sales.

I hope all 3 consoles are successful as well because the more competition there is the better it is for gamers.

Would you care to quantify that please? ;)

From VGCharts, Non-US/Japan sales of the 360:

 - April 1st: 28.3k
 - April 8th: 24.1k
 - April 15th: 23.7k
 - April 22nd: 23k
 - April 29th: 22k
 - May 6th: 22.6k
 - May 13th: 25k
 - May 20th: 27k
 - May 27th: 25k
 - June 3rd: 24.6k
 - June 10th: 28k

I can't see any evidence of "picking up steam"?? It actually looks extremely regular (and release driven), which makes sense to me. Don't forget this will be the THIRD Xmas for the 360 coming up! Consider that in many ways, this is the first real Xmas for the PS3/Wii... (with supply limitations from last year).

So its selling about 60k/week in the US, about 27k/week in Other and about 3k/week in Japan. (nothing in India?).

About 90k/week, or 400k/month (4.5 weeks/month).

Seen as they just released an SKU, MS are actually least likely to change prices in the short term of the big three. Say they cut $100. To what? The core? Then they'd have to cut the premium too. But then they'd have to cut the brand new elite, pissing people off. Say they cut elite. Now it's too close to premium. Say they cut premium, now it's too close to core and elite's too expensive. None of these screnarios will get away without significant backlash, at least not in the short term.

"likely much quicker considering future price cuts will put it in the mass market price range coupled with it's growing library of fantastic console exclusives."

Isn't $200 mass market? Didn't MS just say that? Isn't that completely out of the question? Are these the same exclusives that failed to win over the last generation? Or the same exclusives that are failing to reach beyond the hardcore now?

"The 360 is actually picking up steam in European market and making inroads :)"

Is it?

Also, check Xbox 360 Vs Xbox1 sales in the charts, launches aligned.

Europe data for Xbox 1 appears to be missing, but America is almost neck and neck and Japan is actually tracking under.

This says to me they've made precisely zero inroads in the two regions we do know about.

Yes 360's been expensive. It's also been free from competition. Yes 360 probably costs less money to make now. They've still not been able to get out of the red, or pass savings on to the consumer.

You're right.  I was comparing it to PS3 sales which are going downhill and failed to realize that the 360's sales have been pretty steady.  It'll be interesting to see how it does in Europe this Christmas :)

"I hope all 3 consoles are successful as well because the more competition there is the better it is for gamers."

This isn't right. If all three are successful then either they offer then same experience in which case there's no real creativity benefiting gamers, or they offer different experiences, in which case most gamers can't afford to get all three and miss out on 2/3rds the interesting games.