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Kai_Mao said:

Will all of Sony’s first party studios even be on board with a potential PSP3? I don’t believe most of Sony’s studios put out big games on the Vita. No God of War, Gran Turismo, or Ratchet and Clank (outside of its trilogy collection). Would Naughty Dog or Guerilla Games really care enough when they have PS5 games to develop? If you don’t have the majority of your first party studios ready to go for a system that’s weaker than the PS5. You don’t have to worry about that with Nintendo’s dev teams when Switch 2 comes out and gets the ball rolling.

Sony itself said that Call of Duty, FIFA and some others account for 80% of the hours played on PlayStation. Sony studios don't make great games.