That's what analysts NDP are saying, anyway.
Microsoft sold a total of 65,917 Xbox One's in its first three days of sale - making it the largest console launch in Aussie gaming history, according to NDP retail figures out today.
The new XBox which is $50 more expensive than Sony's PS4 at A$599, even outsold Nintendo Wii, which held the record with sales of 32,900 units at launch. It also outsold Xbox 360.
Retailer EB Games declared the Xbox One, launched a week before PS4, to be the "biggest launch in Australian gaming history", said Shane Stockwell, EB's Merchandising Director.
JB Hi-Fi Marketing Manager Scott Browning predicts the new XBox and PS4 will be neck-and neck in the gaming war.
"We have already sold out of our Day 1 shipment and as well as our pre-Christmas second shipment [ PS4's] so in that sense PS4 will meet our expectations and match the XBOX success".
Browning predicts both consoles will be sold out pre-Christmas based on current demand.