Going back to the console sale comparison chart that Gmash posted a while ago, it'd seem that the PS3 and Xbox have been pretty much neck and neck since 2007 when both consoles were new. While I would agree the PS3 is not a complete flop and "abandoned," one needs to look at Sony's trend from further back. The PS2 was arguably as dominating as Apple's iPod in their respective markets. What would you name as a worthy competitor to the PS2 at that time? The original Xbox? Nintendo's GameCube? Or Sega's Dreamcast?
Sony went from king of the consoles to just another player. They lost a lot of long-time exclusives those first few years of the PS3. They've managed to keep up with Xbox sales, but when the Wii motion controls forced both Sony and MS to develop their own motion systems, the Kinect blew Move out of the water, though arguably, the Move had the more promising technology.
I was an early adopter of the PS3, mainly cause I had the money to blow, and I wanted the blu-ray player that wouldn't go obsolete. I don't regret my decision, but I totally relate to the purist gamers who chose Xbox360 over PS3. A lot of my friends defected.
From a corporate perspective, the PS3 was a failure because it failed to maintain or increase Sony's dominance in the console market.
The good thing about science is that it's true whether or not you believe in it. -Neil deGrasse Tyson
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