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The PSP was the only true challenger to Nintendo's handheld market.  Nintendo had a monopoly on that market for decades and SONY was ably to sell over 60 million consoles.  I think the PSP2 will sell better than its predacessor and the 3DS will sell a little worse than the DS but Nintendo will still sell many more consoles than the PSP2.  AND THAT IS OK!!!  SONY found a market for people who want to pay a little more for something that is twice as good as a DS and they are going to cash in on it. 



Prediction for console Lifetime sales:

Wii:100-120 million, PS3:80-110 million, 360:70-100 million

[Prediction Made 11/5/2009]

3DS: 65m, PSV: 22m, Wii U: 18-22m, PS4: 80-120m, X1: 35-55m

I gauruntee the PS5 comes out after only 5-6 years after the launch of the PS4.

[Prediction Made 6/18/2014]