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Soundwave said:

 

Really looking at the situation and seeing sub-Dreamcast monthly sales figures for this thing and Call of Duty and Assassin's Creed and Littlebigplanet and Uncharted already released ... is there really a lot more Sony can do?

Japan may yet be salvagable for Sony, but North America seems totally doomed. What is even coming out for the Vita for the rest of the year here?

Not many people are going to pay $200-$250 to use this thing as a PS4 controller either IMO. That whole dual screen console gaming concept is proving to be a dud with Wii U.

And no doubt now Sony is shifting their focus to the PS4. At least the PSP had a good couple of years here and had a fast start even with a $250 price point.

1) It needs better games.
2) It may help PS4 sales if they were to bundle it or focus on cross-platform play

To be honest bring out the Vita when smartphones were dominating and tablets were on the horizon wasn't smart. Maybe they hope to get it down to a $170 range and see if that helps.