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So because in the last month the 360 has outsold the PS3 2:1 in America, and by 10% in Others they think it will continue?

This increase was caused by the price drop and Gears of War, while it'd be wrong to say the two would have no effect on Holiday sales, it is also wrong to assume that the weeks after the two are indicative of Holiday sales. Especially in Others.

I'd imagine quite a few people have held off buying a PS3 for possible Holiday bundles, or simply because it'd be easier to obtain the funds to get one at that time.

Only time will tell...