I'll mention what else they made mistakes on when it comes to the gaming business.
1) Including the Blu Ray drive instead of making it optional effectively put the price beyond the reach of most people and thus killed sales after the launch period. This decision was made from the perspective of Sony as a whole and it could pay off in that but when it comes to the console war it is a big negative.
2) Too much reliance on first/second party. PS2 had great first and second party stuff but it also had the best 3rd party support. Missing out on chances for Assassin's Creed and others as exclusives was a huge mistake. This is basically Sony relying too much on their own games.
3) Goes with 2, not puttin enough work into cooperation with 3rd parties. By this I mean either, buying 3rd party exclusives (incentives) and/or publishing games for developers to get more 2nd party exclusives (what MS is doing with Mistwalker and Real Time Worlds).
Anyway, when it comes to number 2 and 3 they have been moving in the right direction the last couple of months, a bunch of new 3rd party exclusive stuff has been revealed lately and hopefully the trend will continue.

Thanks to Blacksaber for the sig!







