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Andrespetmonkey said:

Now, although the PS3′s situation has been turned around to become a flourishing money-making console equipped with a rich library of games and dedicated community, it’s still never going to fully make up for the billions spend in R&D. This is a problem that I think will be absent in Sony’s future console releases; With the PSVita Sony have showed they have a new, great hardware strategy.PSV is a fantastic piece of hardware. It’s powerful, it’s sexy, it’s functional and it doesn’t cost 2 jobs and a kidney on the black market to buy. The only extravagant part of it is the OLED screen, the rest is sensible and effective. It takes a small loss, and will make up for all costs (R&D + initial loses) in 3 years, predicted by Sony. Now, of course, the Vita is selling like garbage, but that can be attributed almost absolutely to software support, or lack thereof and the total opposite situation for it’s closest competitor, the 3DS, which has a great catalogue of titles. Lack of software support is a problem that’s never existed on a Sony home-console and though it’s still a potential problem, it’s a mistake Sony can now learn from, just as they learned a lesson about hardware with the PS3.

This is the only thing I really disgree with. I'd say the most significant factor is shifting markets. I'd love to be wrong though.