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Entering this thread, I would have said no. But after finding out that GTAIV on PS3 is within 500k of the 360 version, I say it'll probably do it.

DirtyP2002 said:

Maybe it is just me, but I don't see any hype for GTA V just yet. 
I think it will sell less than GTA IV. And I would not count on legs either, because the Xbox 3 and PS4 might be out in about 10 months.

I think it'll outsell GTA IV easily, I'm sure the marketting will pick up a month or two before release.