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There are really many things to consider to say when a console in it's respective generation was a success.

Market share
Year/time
Exclusives
Cost
Popularity of brand
Market size
Total sales
Competition

So considering the PS3 and what was expected of it, it might not have been a success. But where it ended up and how it reworked it's self in the 7 generation, as well as the time it spend on the market. Makes it a remarkable turn around for a console that could have ended losing very badly, especially considering how strong the competition was.