Like I've said before their only hope now is the US market, they don't have the games for the Asian market and they've priced themselves out of the EU market so that just leaves the US market.

i apologise im clearly missing something, in the OP i only see andrew house talking about playstation being profitiable now no mention of March 2011 whatsoever. 

But i am very tired lol

Still don't get that that people think the price is too high!! For what you get in the system it's cheap. I mean people buy 499€ expensive smartphones so this is half of that price and you get more from it.

In the UK for the cost of the Vita,game and memory you can buy a 3DS and 5 full price games and still have £20 left over, hell you can nearly buy a PS3 and a 360 for the same price.

I agree, the biggest misstep was not having at least one major title for the asian market such as a monster hunter.  I know they typically would like the install base to be higher before releasing a title such as this, but the lack of software that appealed to this market was what caused nintendo to get off to such a slow start.  The price certainly doesnt help this fact, it would have been much easier to stomach spending this much on the handheld if there was more compelling software, but hopefully Sony has some tricks up their sleeves and somehow gets capcom to reconsider the exclusive MH4 release which would be huge.  I would be ecstatic if both the 3ds and vita were to be successful right next to each other, Im just fearful of investing too much into the vita and have it lose support because it wasnt successful enough for sony to continue to create software for it.  At least I have my 3ds that is definitely on much more stable ground.  Heres to hopin, ill be pickin one up day one anyways to add my support.  

I agree with the effect of price in Europe being bigger then other regions, but don´t underestimate the effect of a complete Fifa game on a handheld in Europe, that is a killer app considering how huge that franchise is and it is actually a game that makes sense to be on a portable machine..

Bigger problem in Americas since there will not be a COD game day 1 on the system from what I understand, still the long term potential is big for the Vita

As for the slow start in Japan, pretty predictable if you understand that an Uncharted game can´t push hardware in there (though I think it was even slower then what I thought it would).

Internal documents maybe?

I dunno..

Have to say after seeing the Fifa 12 videos i am really psyched for getting it, this entire gen ive only bought 1 football game (Fifa10), now that we have a handheld with 2 analogue sticks it just feels like a perfect fit, cant wait!

Yeah, if everybody buys 3 Vitas instead of one everything will be fine!

I might buy one, too... After they eventually lower the price.

It is. They sorta did themselves into a hole on that, though. Selling brand sparking new console at a (hefty) loss.

As soon as they become profitable, they'd cut the price. Rinse. Repeat.

It's gotten to the point that many people simple expect all consoles to be sold at a loss.

If they dare try to sell at profit price, they're a rip off. (i.e. 3DS initial price)