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The portable decline is easy to explain with phones competing in the same market.
But the drop in console gaming is harrowing. I don't think there's any way PS4 outsells PS3 there (more likely 3/4ths max), and obviously WiiU won't match the Wii.

We're looking at sub 45 million for absolutely certain. I think it'll hit right around 38-40 million though. 3DS will reach 20 million LT.