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I don't think it will happen till the end of next year and only assuming next year's xbox pricecut has a relatively insignificant effect on sales.

 

I think the ps3 will ship at the most 500k more during the holidays.

Microsoft will probably cut the price quarter 1 and that quarter the gap will grow again in favor of the 360 by a couple hundred thousand

Quarter 2 the ps3 might gain 100-200k nothing too much since none of the consoles will sell well over the summer.

Quarter 3 the ps3 gains around 1mil and gap is under 1mil.

Quarter 4 the ps3 outsells the 360 because I think the wii u will hurt 360 sales in America a lot over the holidays. People who want the "coolest" new gadget will be getting a wii u rather than xbox360+kinect.