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the_dengle said:
Nintendo will discontinue the PS4 long before it comes within spitting range of the 3DS's lifetime sales. My uncle who works at Nintendo told me so.

Insider confirmed.

As for the PS4 overtaking 3DS before it is distcontinued, I believe it can. The 3DS should still have 3-4 years before it is completely gone from the market and that should be enough time for PS4 to overtake it.