It's a fairly simple narrative. Failure is defined by expectations and goals. Clearly Sony's goal with the PS3 was to repeat the PS2, and therefore, yes, it is a failure, despite being a solid offering as far as consoles go historically (and others pointed out, compares very favorable to all its 3rd-place kin).
Likewise, PSP is a failure, because it is clear Sony's goal was to replicate the PS phenomenon in the handheld space, despite its status as the best non-Nintendo handheld on record.
The only not-generation-winning consoles that succeeded in what their companies set out to do were the Sega Master System, Neo Geo, and original Xbox.

Monster Hunter: pissing me off since 2010.







