DM235 on 19 January 2015
The PS Vita came out in late 2011. Given a typical 5-year hardware cycle, the successor would be out late in 2016. Given where the market is headed (mobile gaming, no demand for expensive hardware), I don't see them releasing a PS Vita 2.
If they were to design a handheld with powerful hardware, it would be too expensive, and no enough people would buy it to support the platform.
If they design it with common hardware, there wouldn't be any incentive to buy it.
Not to mention that all of their first party studios are all probably busy developing for the PS4 anyway.
At best, they will release an updated Vita, and prolong its life while still selling it at a profit.
