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Expanded analysis:

09 should be the 360s peak year. (up 20% or so over this year)

After the new MS console comes out ( i would guess in 2011), 360 sales will quickly drop off.

It will not have legs like the PS2 because of its hardcore user base. 360 owners will quickly jump to the next MS system to get the latest Halo, Gears or CoD games. The majority of the people buying PS2s in 07/08 were not hardcore gamers.

2005 1,179,441
2006 6,762,957
2007 7,929,882
2008 11,341,607

2009 14,000,000 (peak)
2010 13,000,000
2011 8,000,000 (New 360 in 2011)
2012 4,000,000
2013 2,000,000

Total 68-69M