It outsold the 360 so no.
Barely, and it took 6 years before PS3 lifetime sales overtook the 360's. And in the end, the 360 still sold about 20 million more consoles than the PS3 did in North America; What gave the PS3 the main lead was the fact that the xbox brand is a complete failure in the Japanese market.
ps3 lost 300$ for every early ps3 console that they sold even if they sold a bit more profit wise ps3 was a shit show. xbox 360 probably did allot better in wich they did not sell consoles with such heavy losses
they where really banking on game sales apprently, attracting consumers with lower console prices.
https://www.theguardian.com/technology/gamesblog/2006/nov/17/sonylosescash
I'm pretty sure nintendo is the only one who either breaks even per console sale or a small profit since microsoft and sony both lose money per sold console. sony however went a bit overboard during ps3 era. 300$ loss per console is just crazy.
The Red Ring of Death cost Microsoft over a billion.
at 300$ loss per console just selling consoles costed sony Billions. where talking 4 years straight of console selling before they made a cheaper model, Millions of consoles have been sold by that point ps3 was past it's prime at that point.
just 1 billion is small fry compared to the losses that sony made in ps3 era.
When it finally was profitable after many years they made way less money than any other sony console generation.
Ps3 was a big failure for sony standards.
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heck even if we ignore money ps3 in terms of games was very mediocre for sony standards
ps1 had an amazing library with revolutionary titles
ps2 literally dominated the market with an even larger library and once again groundbreaking games reason to play the console.
Ps3 had nothing notable, Ps4 is literally what ps3 was but far better + tons more indi games since that market was booming in the beginning of ps4 era.
The ps3 has a very forgettable library. an inferior ps4 in terms of it's own games and a way less interesting and smaller library of great games.
in comparison out of the 4 sony consoles ps3 has by far the most boring library of them all it's not even a competition.