The PlayStation Vita, and handheld gaming market appears to be dwindling, moving over to smart phones, so perhaps this venture is a separate thing entirely? (playstationing.com)
And here's part two of why the PlayStation Phone makes no sense: not only will Sony be releasing this thing into an overpopulated handheld gaming market, they'll be dumping the PlayStation Phone smack dab into an even more overpopulated Smartphone market. (riddlethos.com)
With the Switch and 3DS on the market, Nintendo almost monopolizes the dedicated handheld gaming market. (wholesomegamer.com)