I agree that there isn't a need for a new system but I don't think they'll sell poorly. Eventually they'll stop making new games for PS3 and I'll have no choice but to buy PS4.
Twenty years ago my dad said "why would we buy a new Nintendo, we have a hundred games for the one we have". A year later they released a new Zelda for SNES and he bought a SNES.
12/27 -- Unearth/Protest the Hero
03/07 -- Video Games Live
07/06 -- U2