They need a PSP2.
Piracy rules the system, and software barely leaves the stores. No system sellers can ever be created for it. So, I'd expect to see some type of successor announced at E3. Japan sales may not be enough to justify its dismal performance worldwide.

Leatherhat on July 6th, 2012 3pm. Vita sales:"3 mil for COD 2 mil for AC. Maybe more. "  thehusbo on July 6th, 2012 5pm. Vita sales:"5 mil for COD 2.2 mil for AC."