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DJEVOLVE said:

 As we have seen on past sales, holiday season, Xbox 360 usually sells more units. This does not mean they will or should, however I think a price drop is in line and we will see the system move a lot of systems this holiday season.

So do you think that Xbox 360 can take the lead over PS3 this holiday season?

I think they can if the price cut is good enough. 

What is this 360 price cut you are referring to?  Microsoft is showing little signs of slashing the price on the 360 at all.  They are now going to be pushing the ONE, and focus all their attention there.  Top management is in flux at this point, with Ballmer leaving, so look for hold ship and stick with the plan.  They did a rerelease of the 360, with a new design and no price cut.

At this point, either the library carries the 360 or it doesn't.