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Sintinel said: No because people actually buy games for the Xbox 360. Retailers don't make much money on hardware, they make it all on games and accessories. The Xbox 360 sells a helluva lot of both, the PSP, not so much.
Actually Microsoft doesn't make any money on Xbox360 but it isn't a problem with such impressive software sale. Each PS2 brings extra 8 $ for sony, probably PSP is also profitable. BTW in USA PSP is selling better than PS1, Xbox360 and ... DS (if we will count first 2 years period). Check this stuff. If we will assume a 5 years lifespan - PSP can reach solid 40 millions worldwide.