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Farsala said:
My prediction for PS4 remains unchanged from past sales threads with a range of 115m-120m. This prediction includes the assumption of no price cuts from Sony, as I don't expect it this late.

At $299 in 2020, sales will drop hard to below 10m like ZhugeEx says. 9m until PS5 launch would put it at 115m, and at $299 in 2021 next to a $399 PS5, less than 5m sales is expected. This is good for a smooth transition into the PS5, but the PS4 sales will suffer.

$299 is not going to be the PS4's final price.  We'll at least get a cut to $249.