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Kasz216 said:
Note that a projection of 4 million would mean that the PS3 would see absolutely no sales growth at all.

Well ok some... since we're including Canada and South America, but PS3 is weakest in those two areas.

So i can't see PS3 growth being that low.

Well, I think there's a good chance the PS3 will sell around that. It's currently tracking between the GC and Xbox in America, look how they performed:

GC/XB Year 2

Console XB GC
Total
5,637,696
6,057,759
America
3,344,598
3,532,152

GC/XB Year 3

Console XB GC
Total
6,810,047
4,280,631
America
4,498,146
2,519,423

The GC already began declining in its 3rd year, due to lack of games / price cuts. While I don't expect PS3 sales to dip that low, note that even the Xbox barely did 4mil in the US during its peak year, when Halo 2 came out.

It really all depends on Sony's moves - the games (GoW3, GT5), the marketing, the price cuts. Of course, there's also the competition - Microsoft can further cut into the PS3 sales, if they wish. If there is no price cut, I expect a decline from last year.