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Memory cards. Expensive hardware at launch with a shitty and unnecessary 3G model. Complete lack of true system sellers, even if now that it's all said and done Vita's library is very decent all things considered. And even though the hardware is fantastic it wasn't good enough for the whole console gaming quality on the go yet. It was lacking buttons and power, leading to some awful PS3 ports on it. And in some games that you can transfer your save it's a convoluted mess (like in the MGS HD collection where you need two copies of the game and two consoles to play with the same save). And then there was the 3DS, the growth of the smartphones market, and the bad first party support due to Sony focusing on the PS4.