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Ka-pi96 said:
PS4 will almost certainly outsell the PS3. Xbox one outselling the 360 doesn't seem too likely though.

This.

I think people may be surprised with how big the sales are for gen8 PS4 and X1 though.

People always forget that huge mass-market sales almost never happen until $299 is broken. And with the APU design and lowering costs of components, the PS4 and X1 slim models may even breach $199 late in the gen, and $249 midway through.

We could be seeing 2M/mo sales for holidays in 2015/2016 if $299 and $249 are hit around then, along with record-breaking sales during the year to boot. Cross-gen titles will die off by 2016 for the most part, and the huge exclusives will move people over.