Sony is a great company. No one can deny the force that they have become in the gaming industry. Anyone who thinks that Sony is on the brink of collapse is a fool.
As a brand the Sony PlayStation is here to stay. The Playstation 1&2 combined have sold 270 million units world wide. This by itself secures Sony a place in the industry for a long time yet to come. Yet if you take into account the estimated PSP Sales of 44 million world wide sales total of you come to the number 314 million PlayStation Brand units sold. (Keep in mind this number neglecting current sales of the PS3) So all Sony haters need to just let it go, Sony is not going anywhere anytime soon.
With all that aside, in Sony's third generation of life as a console manufacture life is not so great right now. The PS3's install base is estimated to be around 20 million. While this is a decent number it pales in comparison to the Wii. As for the battle for second place with the 360, Sony trails by around eight million units. On the surface these numbers don't seem to be too bad, however when you look at the bigger picture you can see that Sony is going through a very rough patch.