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Not sure how valid the 17M prediction will be.

At full steam, it's reported that Sony can only make 1M a month. So if Sony continue to make consoles at full steam and sell every single console then they could hit 17M.

The trouble is that, if not already, Sony will slow down production in the quiet parts of the year. That is of course they decide to stock pile millions of consoles that would cost money to store. It would also be a very risky move because, even though the PS4 is selling well now, there could be chance that they will have millions of consoles stored away unsold for months. That could be disastrous and very money consuming.