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We can only hope that Modern Warfare and Call of Duty will decline massive next gen. Chances are here because

1. Battlefield 4 will steal some of the sales
2. Killzone 4 will steal some of the sales if release this year
3. Sony maybe will not bundle Modern Warfare 4 this year and focus on other games
4. other big game releases ( Grand Theft Auto 5, Metal Gear Solid 5 and so on)
5. it will sell much less on X Box 360 and PS3 because this gen is ending
6. Many gamers will upgrade to an next gen system and will have less money for less games (so there might be a chnace that they only purchase a console with a bundled game and will skipped the next Modern Warfare
7.if one of the next gen consoles flopped

But it also has the chances to become bigger than ever ( and i really fear that this will happen)
if
1. Sony Bundle Modern Warfare 4 with PS4
2. Microsoft Bundle Modern Warfare 4 with X Box 720
3. next gen engine impresse and gamers will buy the game because of the graphics
4. Big marketing ( almost a sure thing for this franchise)