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Currently the 360 has around a 3 million sales lead over the PS3. Assuming the PS3 outsells the 360 on average by 100k to 150k units per week. It will take 20 to 30 weeks to close the gap down on the 360. PS3 can equal or overtake the 360 in total console sales during December 2011. Both PS3 and 360 should break through the 60 million consoles sales number during December 2011.

Sony with the PS3 is focusing on increasing its market share. More market share increases game sales and accessory sales that both make huge return/profits. The PS3 has been on the world market one year less than the 360 and it has taken around 5 years to draw level with the 360 life time sales.

Microsoft with the XBox 360 is focusing on profitability and may not react to the PS3s latest price cuts. A big price cut once every 2 years has been the pattern of 360 and PS3 both taking turns in alternating years. Microsoft will have over 60 million console install base and it continues to grow. The software sales numbers with Modern Warfare 3, Gears of War 3, Kinect games, XBox live games, DLC content and other 360/multi-platform games will continue to sell decent software numbers well into the future.