Good, cause thats how it should be

They been saying this for years..

I'm not sure about it, the playstation brand is sony's most profitable division, but is it a wise decision to put all their eggs into one basket??? That's a risky move. Good luck to them.

I'm not saying prioritise the Vita over the PS4, I'm saying move some of the investment which they're pouring into the lossy markets into the PSVita instead. 

1. Is the Vita selling for a profit? If so sony could would really do well by allowing it to find a respectable baseline (market minecraft for one!)

2. The Vita  is already tangible success in japan- its needs a further push, probably 3rd party collaboration with known franchises.

3. As far as I'm aware developing for the Vita is significantly less costly then consoles going by what we've seen thus far. That risk you're painting doesn't seem that 'risky' when compared to their other investment opportunities which aren't the PS4 (Mobile/TV). 

4. Theres only so much money worth pouring into the PS4 before its reaches its peak in sales. Its already moving at record speeds and although more games will be maximise it that theres a limit, sony should look for other revenue streams aswell (Vita).

Budget games appopriately so that 500k is a success. Take a few bigger investements with bigger franchises which are bound to make a return with software sales; Elderscrolls (morrowind remake), GTA Vita, Grand Turismo Vita, Final Fantasy, Monster Hunter... Hopefully reap the rewards of software revenue on a highly active yet unsaturated market (AA Vita games), whilst also maximising hardware revenue.

You mean with regards to the TV division? I thought they already did cut down production and they are just going to cut down some more.

does this mean sony will become nintendo ?

console only company ?

No. It means they're going to stop producing dozens of TVs and Smartphones and only focusing on a select few. As for Playstation I assume they will continue what they're doing and also expand Playstation Now to support more devices and games.

Great plan. Now what they need is to ASSURE great, working games and more great, working exclusives. They're a bit lagging behind in terms of exclusives released so far but their future looks bright at the same time. They've already lowered the costs of making ps4's so they should be able to lower the price of it even just a bit. They need to keep their momentum or they might lose it.

Over a decade?  Yeah.

Focus in the right things and improvements may come.