Michael Pachter has already written off the PSP2's chances, by saying that he expects the console to be dead on arrival, much like the original PSP was.
On his latest edition of Pach Attack, he said: "I think the PSP was dead on arrival and I think the PSP2 is going to be dead on arrival."
He justified his claims by saying the market is just too saturated and that, with Apple becoming more dominant, the traditional handheld model is starting to crumble.
"We're starting to see DS hardware sales crack, the iPod Touch is cutting into the handheld market. It looks to me like young kids are just as happy playing with the iPod Touch," he continued.
Handheld consoles seem to be doing perfectly fine in Japan though, with the PSP consistently being the top-selling platform.