That only means they lost more money that Microsoft did. Consoles are to games what shaving razors are to blades or printers are to cartridges. They sell them hardware for a loss and try to make it back on the games.
The 360's attach rate is higher with people buying a lot of games and coupled with XBox Live Gold, made much more money than Sony did.
Small wonder you have to pay Sony for PS+ for multiplayer now.
Also, PS4's missing the Kinect entirely, so I don't think the price point is amazing.