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Analysts: Xbox 360 outsold PS3 in July

Prior to the release of the official July NPD video game sales numbers that are set to come out this Thursday, the gaming industry's best analysts have released their console sales predictions and things are looking peachy for Microsoft and the Xbox 360.

Analysts Michael Pachter and Jesse Divnich both agree that, after a bad June, the Xbox 360's July hardware sales will overtake the Playstation 3 thanks to the announcement of the 60GB Xbox 360 and low price of the 20GB model. Pachter is pegging the 360 to have sales in the 275K range compared to the PS3's 250K, while Divnich is a bit more 360 optimistic setting July 360 sales at 325K compared to the PS3's 275K. Whatever July's NPD numbers end up being, we have a feeling that our analyst friends will be correct and the 360 will have had a decent July. Pass the champagne!