Wedbush Morgan analyst Michael Pachter believes the PlayStation Vita is "too expensive" for most consumers.
Pachter stressed that the handheld's software library is in dire need of a considerable boost. Until more games are released for the platform, he doesn't see sales making an improvement.
"Vita’s too expensive for most, priced pretty much the same as the PS3 everywhere. While I think the Vita is a good value and a great device, when compared to the PS3 it’s pretty expensive.
"Also, there is not much of a library of games, so sales will probably be slow until we see more content."
He also criticized Nintendo’s 3DS XL model, which won't have a notable impact on the "weak" sales of the device.
"The larger [3DS] format is not all that compelling for the consumer, and although I think the XL will help sales, I don’t think that the impact will revive weak sales of handhelds overall."
Pachter's also hesitant on the Wii U; he believes it simply "won't work".