It's also false in the fact that M$ is now recording a larger loss per 360 unit sold than the PS3 due to the failure rate of the 360 (estimated at a staggering 33%). Also, they are now extending the warranty of ALL 360s to 3-years and offering free shipping to all returned units, and are even offering to rebate those who have paid for shipping previously. This is apparently going to cost M$ over $1 billion. Looks like I'm gonna have to go after a PS3 now (after another price drop heh).
Edit: Link from Bloomberg
http://www.bloomberg.com/apps/news?p...CJ4&refer=news