No, I'm sorry you are very off the mark.
First, the Vita is selling at cost or at profit given what we know about manufacturing breakdown. $160 to produce plus shipping & packaging leaves plenty of wiggle room and an almost definite profit for the 3G version.
Second, Sony has been supporting the Vita quite well with Uncharted, MLB, Resistance, LittleBigPlanet, Gravity Rush, etc. Upcoming games like Killzone and Tearaway. Just look at the Vita game sales and you will see Sony published a ton of games already and it has only been a year. I feel people forgot what launch year is like for new hardware since this gen has gone on so long, people expect a game library that rivals a 5 year old system now.
The difficulty with Vita is a mix of things. The launch was split, the launch in NA & EU missed Christmas 2011, the 3DS undercut Vita's price match, Memory cards are too expensive, inadequate PR countering against the competitive internet culture, among other things.
Before the PS3 everyone was nice to me :(
