GXC: "The PlayStation Vita is approaching its one year anniversary here in the West and the system has received its fair share of praise and criticism all throughout. Most people who own, or have used a Vita are more than happy with the system itself. Still, the handheld has struggled to sell itself within that time period selling just over 4 million. In comparison to the sales of its predecessor (PSP) and current competitor (3DS) within the same period of time, the Vita looks as if it could be facing quite a bit of trouble. Some attribute these failings to a number of things including the memory cards and games. One of the most common criticism the system receives is that the price is just too high. This following post will just go through some fleeting thoughts of mine, the reasons why I believe that price is not the reason the Vita is not selling well."
Source:
http://3dsnews.co/15848-the-vitas-problem-is-not-its-price