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The Nintendo Wii is selling at a rapid rate and it is on track to sell over 200 million consoles by the end of 2012 and achieve 70% market share of the 7th generation. I assume that 300 million 7th generation consoles will have been sold by the end of 2012 and the first of the 8th generation consoles will have been launched on the market.

PS3 and X360 should be both around 40 to 50 million consoles sold each. PS360 = 90 to 100 million consoles sold by end of 2012.

This is my sales projections for end of 2012. 

The Wii could be over 200 million and 70% market share. But more than likely 60% market share is more realistic.