The seventh generation of consoles is in full swing now. Nintendo ran away with the casual market, Microsoft is doing well, and Sony finally got its groove back. But for the latter, it wasn't always rosy, in fact, if you listened to the media in 2006, 2007, and even 2008 when the PS3 was already doing great, you would have thought Sony's Playstation brand would die. But the so called journalists baseless predictions were wrong; they were dead wrong.
It's believed that you make or break a console depending on the amount of first party "exclusive" titles available for said system. Well if that saying rings true, Sony is here to stay.