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Yep. Both are struggling.
Still, I do believe that both consoles will just do fine at the end of their respective commercial runs, but both will need a price cut AND software. Price cuts, as we saw in the case of Vita (in Japan) are not just enough to keep people interested.

Now, this discussion about "who dies first" is just pointless and dumb. We should be thankful, as consumers and video game fans, that we still have such variety of devices to choose in the market, specially now that this market has a bleak future ahead.