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It will beat the PS4 easily, but I think it won't sell as well as some people think here. Even handhelds slowed down heavily in Japan in the last few years, surely in part because of mobile games. Handheld consoles did lose 50% of sales between the DS/PSP gen and the 3DS/Vita gen... Mobile games keep getting stronger there, so I think handheld consoles will continue to slow down.

Without significant changes (new, smaller, or handheld only  version, or big price cut), I think it will sell half of what the 3DS did, so maybe 12 millions.