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Well PSP suceeded and failed at the same time.  It suceeded by actually surviving enough rounds with the Nintendo DS  without getting knocked out and to  to warrant a rematch.  The PSP failed in many aspects of "bringing the portable market out of the ghetto" as it did nil in revolutionizing the platform.  It also got pummelled badly in several rounds with the DS these past several years; having it'sl iterations like the PSP:GO getting outsold badly compared to the DS's other iterations like the DSi and XL.  It's software to hardware ratio is also lower that the DS despite having less of a piracy issue than Nintendo's console.  So yes PSP succeeded in some ways and yet it definitely failed in many other ways.  Just my two cents.