Simply:
1. Lack of R&D (unlike the previous generation, theres no format change and uses off the shelf components)
2. Lack of Exclusive Contracts (Sony is making no effot in getting third party developers into exclusive contract with them - instead they are just making ps4 attractive to develop for)
misconception:
Yen - Despite yen becoming weaker since end of last year, yen is still considered strong compared to 2007 (94 vs 115)







