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The 7th generation will end up like this: PS3 on 103 million + 1 units, Wii on 103 million units, XBox 360 will finish on 87 million units.
7th generation will continue on until the PS3 overtakes the Wii and claims the 7th generation console sales war. A Pyrrhic victory but a win is a win.

The PS3 still has price cuts up its sleeve and gamers will be keen to catch up on prequels to popular games ecclusive on the POS4 before they fork out the cash for the more expensive PS4. The PS3 will become the casual console of choice in early stages of 8th generation before the price cuts and game library builds.