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To the recent posters throwing out dates: the OP won't put you on the list, the thread is pretty old. Remember, they weren't here to see the recent 360 surge, it was doing pretty bad at the time. For the record, I'll take a bite:

Q4 2011.

The 360 should be about 6mil ahead by the start of next year, with some decent momentum. If the PS3 ends up outselling the 360 by a bit more than 2mil a year (not unreasonable), it will take nearly 3 years from that point. I think the "never" option is much more likely than the PS3 catching up before Q4 2010.