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I was genuinely concerned that the PS4 might have peaked in its first year, but the release of Arkham Knight (when compared to the release of Watch_Dogs) in conjunction with the numbers shown here seem to be indicating that no such thing occurred.

Under the assumption that there will be a somewhat imminent price cut, a six year life span, an eventual slim model, reasonable legs, and no significant external shock (i.e. the NX doesn't take the world by storm), I am now actually reasonably confident that the PS4 will sell over 130 million LTD. I don't think it will sell as much as the PS2, but it will easily be the second best selling home console to date.