Just got to say QUIT comparing to Apple.  Its totally different. 

1. Apple releases new hardware every couple years.  Lets say Iphone sold 15 million in 2 years, and then Iphone 2 sold 20 million in 2 years.  That isn't 35 million iphone users.  Could be anywhere from 20-35 million users, and based on knowing how fanatic apple lovers are I would bet its closer to the 20 million figure. 

Meanwhile Sony won't be having them buying new PSP2's every couple years

2. Iphone doesn't cost $600.  You get it for like $100 with a new 2 year plan, and that is what people are paying for it.  So unless Sony does something like that you can't say if Apple can sell 15 million at $600, then Sony can.

 I think comparisons are fine because they show that SONY may not have done enough market/ consumer reserach.

I agree with you. Apple focuses on huge margins since they can leverage their brand and phone subsidies. SONY won't really have either of those to support a high cost.

And I think the PSP2 may not have designed in order to maximize revenue. SONY may be going the high end route. Which is fine but they will sell less then the 3DS by nature. Although a lot of fanboys will say its a failure, it could be a huge sucess for that specific market.

^This

For the most part the games on the PSP didn't appeal to me since I own a PS3 and could get the console version that was better.  Hopefully this time around the PSP 2 will have some unique games and actually FPS which I enjoy playing.  From my understanding isn't it suppose to have two analog sticks?

i stand by what i said before. this was later in the GCs life not at launch which i know already :P

They never release a console that will not make them profit from day one. 

So the answer is Ports? A system can't rely simply on ports. Ports can be a good thing but people list variety of new and older games and good selection.

- Quad core ARM Cortex A-9 

This right here has me thinking these specs aren't real. I know that chip is suppose to be out in Q4 2011 but still.

Today Martyn Williams posted on Twitter the photo of PlayStation Meeting invite by Sony, on the invite is confirmed the announcement of PSP2, and some features like OLED screen, Android operative system and 3G connectivity.

These features might also be concerned with Xperia Play (PS Phone) but this should not be seen the announcement is set for the Mobile World Congress in February, the document also confirmed the day 27the and the hours: 3pm (Japan Time ).

So tomorrow is the BIG DAY !!!

http://playstationinformer.wordpress.com/2011/01/26/playstation-meeting-2011-officially-confirmed-and-psp2-official-features/

So it is possible that it also runs on Android. It also has 3G functionality.

Then we have word on the possibilty of the rear track pad to go along with the touchscreen on the front as well as motion sensing like that found in just about every smart phone.

I can easily see this doing well since it will most likely come with full access to the Android Market from day 1 as well as PSP titles from PSN and the PSP2 launch titles.

I do believe it is intended to go into production mid to late 2011, so this isn't outlandish.

It may well have. But due to no official images, specs, prices etc., it's al speculation. Wait until tomorrow, it's for the best

I don't think this is true and it will be proven partly wrong tomorrow

Dimensions: 17X7.4X2.3 cm
- 5" OLED multi-touch screen (12.7 cm)
This make sense and is definitely within reason.

- Multi-touch trackpad
This doesn't make sense unless it is in place of dual analog sticks, which seems stupid. It makes sense on the PSPhone, but not the PSP2.

- Resolution: 960 x 544
Given the power below, this seems low. However, for the screen size it seems good.

- Quad core ARM Cortex A-9
I do not think Sony is pushing this far. This chip won't be in production until late 2011 and a dual core chip is still a big jump from what the PSP had. Additionally, the dual core chip could easily push all the other stated features and provide a far better battery life.

- PowerVR SGX 543 MP4
This makes sense and also supports the dual core theory above vs this quad core rumor.

- 512MB LPDDR2 RAM (1GB devkits)
This sounds a bit much as well. I'm betting it is more around 256-ish.

- 16GB flash SD slot
This sounds perfect for Sony. The flash is cheap and the SD slot must be mandatory as its become the standard in removable memory in all mobile devices.

- Wifi, 3G, bluetooth
wifi/bluetooth sound right. 3G doesn't. Unnecessary cost as its not intended to be a phone. PSPPhone handles that cross over. Additionally, there is no 3G standard and it would require too many variants worldwide to make any sense for a gaming console.

- Acelerometers, GPS, gyroscope, front and back camera
This all makes sense and adds good value.

That's my full break down. If I'm right and it has a dual core, 256MB RAM, and no 3G, this will be a very good competitor to 3DS at around $300 while making a profit. However, this will of course required the unique games for PSP2 vs the continues lower-end ports.

If I'm wrong and these stats hold, Sony will have screwed themselves again out the gate by going too high end. It will be priced $400 at a loss out the gate with horrible battery life, even compared to 3DS when 3D turned on with full brightness. Games won't help it early in life vs the 3DS, it may still be profitable and an overall success like the PSP, but like the PSP it will sell 1/2 of the 3DS... maybe.