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I wouldn't call it a failure. The sales are underwhelming when compared to the PS4 but calling it a failure is just wrong right now.

I wouldn't even call the Wii U or the Vita a failure yet. While their sales are even way more underwhelming, both keep selling (at a lower level as their concurrents, but still) and even show some signs of recovery

Wait and see is what happens is what I suggest.

Besides, even a failure can be highly acclaimed, see the Dreamcast