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LipeJJ said:

So... it needs to sell 16m per year for 5 years straight to not being considered a failure?

By that logic, PS4 + Vita need to sell 90 millions over the next 18 months or they are a failure (since PS3 + PSP = 167m). lol

It doesn't work like that.

There was a major decrease in hardware sales from the PSP to the Vita.  Profit wise I'm not sure how well Playstation did with the Vita.  Optically it looks like the Vita was not successful.  PS4 will outsell the PS3 very easily but will probably not sell 150 million lifetime.  Console sales are on a decrease.  I personally believe if Nintendo keeps the games coming and continues the excellent marketing strategy that they are using, then they will easily achieve 80+ million hardware sales in the 5-6 year period I was refrencing and that would break the notion that consoles are dying.