i might go ps4....

im just waiting for the tekken 7 announcement then i will know which console i am going....

Hold on hold on hold on.
No-no-no-no-no-no-no.
Gotta jump in here.

Kaz Hirai, the then-CEO of Sony Computer Entertainment America, now President & CEO of the entire Sony Corporation, spoke at the 2005 Consumer Electronics Show in January & said these words when giving the press conference for the PSP:

"PSP will elevate portable entertainment out of the handheld gaming ghetto, and Sony is the only company that can do it.
PSP will be a disruptor in the portable entertainment space."

Here's a CNET article referencing that quote.
Sony vague on American PSP launch

Another article with even more of the quote.
Sony gives PSP its US debut

"PSP will elevate portable entertainment out of the handheld gaming ghetto and Sony is the only company that can do it.
Dare I say, the baton has been passed"

Another fun quote from this article when talking about the PSP's audio/video capabilities:

"It's been referred to as an iPod killer."

If you want to see & hear the actual video of it, here's the Gamespot video right here to the full conference.
Start at 8:00 to hear him make that iPod killer quip then at 8:20 is the infamous quote.
Sony PSP Press Conference - CES 2005

Sony WAS COMPETING with Nintendo with the PSP in THE SAME MARKET: The Handheld Videogame Market.
And they LOST. They lost BIG.

They weren't here to just do OK & steal some marketshare from Nintendo maybe sorta.
They thought they were going to ANNIHILATE Nintendo like they did Sega, run them out of the business real quick, then take on an emerging Apple which had intruded on their portable music business.
They were focused on Apple & thought Nintendo was a little runabout they had to get out of the way sort of like an annoying mosquito.

Sony saw Japan where the PS2 dominated the scene sales wise but yet that little Game Boy Advance was hanging around in Japanese hands.
They wanted Sony devices in those hands so they thought they were gonna strike the finishing blow to Nintendo & take them out of the handheld business.
Little did they know that Nintendo was THE REAL BOSS & they showed Sony who REALLY was gonna run who out of the business.
First with the DS, then with the Wii, now with the Wii U.

So while 80 million is the best anybody ever did against Nintendo in the handheld realm & they should get credit for that accomplishment, the PSP FAILED in its objective to get rid of those "handheld gaming ghettos".
It FAILED to stop Nintendo in the handheld race by a LONG shot.
And overall it failed as a game device especially when many folks hacked PSPs to play Nintendo games on them. That always floored me.
It ALSO failed to stop Apple on the portable music player front which is why Walkman is forgotten & everybody knows about iPod.

The PSP was designated to be the Walkman of the 21st Century & it failed on EACH & EVERY front.

PSP & DS were in the same market & the PSP LOST the fight.
It wasn't even financially profitable since it sold for a loss for years.
It didn't sell a whole lot of games for a long time either & even when it did start selling games more decently in Japan it still wasn't enough to cover the losses Sony had from PSP.
On top of that their PSP movie format UMD failed to take root.

The PSP was a high class failure.
But hey it got its 80 million against Nintendo's handhelds & no one will ever take that away from them.
John Lucas

P.S.: One successful aspect of the PSP was that it was used for a nifty porn watching device. But not much more than that.

The PSP did pretty well for Sony's first iteration of a handheld console. Sure, they have yet to best Nintendo in that field but I'm sure it still makes them some moola. Being 2nd or 3rd doesn't mean all the effort was for nothing.

They have their chance to show if they learned anything with the PlayStation Vita.
If they don't do good with the Vita, they're probably gonna exit the handheld console market.
They better hurry up. Nintendo is sewing up that market FAST.
If it ain't ALREADY sewn up.

John Lucas

Huh. Good time to resurrect the thread, now that the PSVita comes in your favorite shade of home console.

Why should Nintendo have the handheld market all to itself?

What sells Nintendo is well known and heavily marketed mascot characters. Sony does not care for mascot characters not do they heavily market them. They need to create characters that could become a household name, transfer them to the Vita and give the console new life. Jak and Daxter, Rachet and Clank should be on full Vita detail and no longer be a console franchise. Sony could get second party to make them.

Hahahaha.
I find this funny. And ironic.

In the early 90s it was all Sega does what Nintendon't.

Now in the 2010s it's all Sony do what Nintendo.

Hahahahahahahaha!

Don't worry about it. They already tried that routine.
Have you played PlayStation All-Stars Battle Royale? LittleBigPlanet Karting?
John Lucas

I'm surprised at how much I agree with this. Sly Cooper and Little Big Planet were a fit for Vita. With a few more games like those, I may actually buy one.

Thats kind of the point, Sony has a lot of characters, but they have never hyped them as mascot characters. They just create a lot of games. Nintendo has a cohesive art style thats revolves around Disney-like characters. Unlike Nintendo it doesn't work when they are put into the same world. The art style would have to change. 

Sony wants the party game sales featuring first party characters, but they need to create their own games and set their own standards. God of War Ascension's multiplayer should've been the multiplayer for PSABR. Now that would've been badass. 

I used to game primarily on Nintendo, but ever since they lost Rare, their connection the gamers who are growing up is dwindling. I switched to Sony primarily in the PS2 and put Nintendo as the secondary. I dont need mascot characters to game (but its nice to have) just like I really have no need to go to Disney like I did when I was a child (even though it would be nice to take my kids there when I eventually have them).