Analysts: PS3 will overtake Xbox 360 by 2009

One of our favorite aspects of covering the video game industry are analyst predictions. Oftentimes, they're entirely off base, but every now and then, they get things right. Hopefully, DFC Intelligence's new report will be spot on. The company released several reports predicting the PlayStation 3 will overtake the Xbox 360 in overall console sales due to a massive surge in the gaming industry in 2009.

While the research group doesn't believe the PS3 will move ahead of the Wii in total hardware numbers, it predicts the PS3 will generate more software revenue than Nintendo's console by 2012. "We could have a situation where the Wii sells more hardware units, but by 2012 the PlayStation 3 is generating more software revenue," said David Cole, a DFC analyst.

However, this isn't the first time a research group has predicted Sony's dominance early next decade. With so many analysts coming together saying the same thing, one of them is bound to be right ... right? Let's just hope they're not all looking at the same report!

[Via IGN]

This article was originally published on Joystiq.