Then there is more to Sony failure than the Cell, the management failed my belief if that they wanted both a new EE and a new GS, they focus way too much resources on the former and the latter did not see the light. Cerny for me made some serious critics of the previous management, wrapped in a smile, yet really mean, whatever the reason (ego, bad practices, etc) the approach within Sony were wrong with tiny team working in insulation mostly from the world. When it comes to tackles seriously complex issues it is not the good way to do it, you need to do what Cerny put in place, wide collaboration, taking insight from as many sources as possible, looking at what the competition are doing, etc. a more 'complex' approach.
Wrt Itanium it did not failed, it did not replaced X86 though it pretty much killed its competition, leaving IBM as the last man standing (~).
Larrabee did not shipped but was a focus, the goal was clear, design a many core X86 CPU which can handle rendering. Further more the hardware and programming model were developed hand in hand.
Anyway, I won't speak of the matter further, there has been too many discussion on the matter of the Cell success and failing.
Indeed though as I read it, it was not intended to ship without a GPU more than they mismanaged the development of the GS 2.0.