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Thing is, adults hardly ever buy handhelds, especially now getting a gaming laptop is so cheap. So a big chunk of the hardcore market is lost simply because is a handheld.

I think they should have simply focused on the android with xperia GO like devices, the first was only a failure cause it had dated hardware.

By making a new android device phone handheld, with iteration every 2-3 years, they could be a major player on the phone business, leaving behind the competitioin with nintendo and focusing on building especifically made exclusive games for said sony phones.