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Sony has a couple advantages when it comes to Christmas sales. The first is that I suspect Sony's Christmas sales will see a much bigger boost than MS who will see a somewhat bigger boost than the Wii. This is due to many more people not willing to spend at least $700 on something except at Christmas vs. more people willing to spend at least $500 during the year vs just about everyone willing to spend $300.

Sony's other advantage is as others have mentioned that if you're talking about WW sales they will easily win Japan and Europe.

In the US alone though I don't think the PS3 will pass the 360. It has never outsold it in a single month. Even had Sony shipped enough at launch to outsell the 360 in its first month it owuldn't have happened since PS3's were already piling up on store shelves weeks before Christmas. Despite a price cut boost in a bad month media wise for the 360 the PS3 couldn't overtake it. Now the 360 has a price cut and I don't think anyone would argue a better lineup of both existing and upcoming games so I don't think Sony has a chance this Christmas in the US. At best I expect a base 2:1 sales advantage for the 360 to drop to 3:2 or 4:3.