Going into the Christmas holiday, two films were set to square off for holiday supremacy, and it was quite a close contest indeed. Deadline Hollywood Daily is reporting that Guy Ritchie's Sherlock Holmes just barely beat out Avatar by a fairly slim margin.

It was said that early numbers revealed Sherlock Holmes took in an estimated $25 million on Friday while Avatar was close behind with an estimated $24 million. Both films are actually tracking for holiday weekend grosses of $70 million, and if that happens, it would be the first weekend that two films grossed more than $70 million in one weekend.

Other notable Christmas grosses were Alvin and the Chipmunks: The Squeakquel with a $12 million take on Friday and the Nancy Meyers film It's Complicated, which tookin $7.5 million on its opening day yesterday.

Related: Avatar Begins Shooting Live-Action Scenes This Spring in New Zealand

Be sure to check back right here tomorrow for the full box office numbers from this holiday weekend, numbers which seem poised to break a record or two.