Did your reply really need to be this obnoxious? -_-

"The PSV has relatively cheap parts in it, had minimal R&D costs (from what we can tell, i.e. no or little quaterly losses when it was in development) and is sold at a small loss (if a loss at all). This is nothing like the PS3. The Vita's problem is taking a great home console strategy but applying it to a handheld (not necessarily talking about games here). If Sony take this hardware strategy with Orbis they'll likely see success, and Orbis is almost guaranteed to have small losses, better software, more third party support, and the PS brand is bigger in the home. Basically, Vita's problem isn't with its hardware, and the actual problems it has likely won't exist on a PS home console.

Also, the PS3 was such a costly beast largely because of Ken Kutaragi's oversight... he's no longer heading development. Kaz Hirai  is, and he's the one who helped turn the PS3 around."

Nope.

Of course not, never said anything like that. I do not believe PS4 will follow PS3 steps despite how some fans want them to do exactly the same mistakes. PSV example was just to illustrate mistreatment due to not understanding shifting market or just not caring enough. Sony absolutely will support PS4 better by a mile, but only 3rd party support will make it successful just like it did with PS3. At the time of previous gen install base was somewhat limited due to Wii occupying half of the install base but not providing for 3rd parties a viable platform to publish games they want to (or only could) make, so PS3 came in handy for multiplats. I beleive it could be seen from here that this gen all three will have comparable hardware and engines sizeable enough to port games to the entire install base without compromising much of a quality and cheaply enough. So what it gives us here? Either all three will be equally supported (so it up to 1st and 2nd party to make the difference and other not so gaming oriented features, I do see Nintendo and Microsoft might have an edge here over Sony), or someone from big 3 will be left behind (could be Nintendo again, who knows?).

We'll all probably be dead by then. Screw that! How much do you think the PSV will sell next year?

Did your reply really need to be this obnoxious? -_-<-- its on auto while I type..  

 If Sony take this hardware strategy with Orbis they'll likely see success <-- you seem so sure about their success nextgen.. then again maybe I dont read enough sony-stuff.. but ok! ..I cant comment further until more has been revealed.. ill wait.

22m > 23m? okay then.

What's that dude's position? I thought Kaz was CEO (+ he's always at major PS events)?

6-8 million. Well we'll probably be dead by the end of today (21st). So how much do you think it will sell in the next 11 hours and 48 minutes?

I bet it'll sell under 7m next year. Winner gets 1 month of AVATAR CONTROL! Deal?

I'm not going to make a prediction until I know what Sony and Microsoft are actually producing because it is plausable that Sony and Microsoft will produce a system that is much different than people are expecting ...

Essentially, either manufacturer could produce a system that was less powerful and more expensive than people here expect; potentially because they're focused on a new user-interface of their own. For example, Microsoft might release a system that was 4 times as powerful as the XBox 360 that was bundled with an advanced version of Kinect and sell it for $500; and, with how few Kinect games are sold and how disappointed people have been with "core" Kinect experiences, there is nothing saying that Kinect-2 would be able to move a $500 system the way Kinect moved a $300 system.