snowdog on 04 September 2012
It's failing just as bad as the PS3 did during the first two years of its life. There were even a few months where the GBA outsold it back then.
It doesn't bode well for the PS4 either considering that they're going for another high spec console again - 2-4GB RAM and a 1.8TFlop GPU doesn't bode well for retail pricepoint and future sales imo. And the 720 is looking more powerful than that in terms of RAM. If the PS4 and 720 are priced higher than $400 then they might as well not bother releasing them.
As for the Vita, it needs a price cut desparately, and Sony have said they're not going to do that this year. The sales so far are pretty close to Dreamcast levels.
Essay Pro