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It likely will. If it sold ~30 million to date I don't see why it couldn't do another 20 million in the next 3-4 years with cheaper consoles and a new premium model. XboneX will probably sell a few million to the hardcore this year alone.

Though a decline of 40% over the 360 is terribad and they are not happy with it. That's almost the same kind of drop from PS2 to PS3 % wise.