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Neither makes me sad; I never cared for handheld gaming and Sony were being ridiculous with the whole concept of the Vita, not to mention the timing. The Wii U will still have awesome 1st party titles, which is good enough for me, but Nintendo screwed up badly and were pining for a reality check to force them to re-connect with any significant portion(s) of the market.
They are both equally deserved since they're both the results of poor conceptualization, terrible market strategy and sheer ignorance.

I'm not losing sleep over either, nor am I terribly excited over the prospect of the 7th gen traditions of gaming being continued with the PS4 as market leader. It is very unlikely I will ever care a great deal about console gaming again.