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Simple fact: MS tends to overstuff in December.

PS3 Q3 Q4
06/07 1.7 1.8
07/08 4.9 2.2
08/09 4.5 1.6
09/10 6.5

2.2

X360 Q3 Q4
06/07 4.4 0.5
07/08 4.3 1.3
08/09 6.0 1.7
09/10 5.2 1.5

Sony is probably shipping 2.8 millions consoles this quarter; MS never shipped more than 1.7 million consoles, it will be lucky to ship 2 millions consoles.