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Sony delays Playstation 3 Launch

by MT Bureau - February 21, 2006 - 0 comments

Sony Computer Entertainment has announced that its much speculated PS3 launch is planned for the coming spring, but could be delayed further owing to finalising some technology specifications.

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 <p>Sony Computer Entertainment has announced that its much speculated PS3 launch is planned for the coming spring, but could be delayed further owing to finalising some technology specifications.</p>
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 <p>"WeÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢re aiming for spring, but we havenÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t announced specific regions," adding that some of the detailed specifications of the PS3 have not yet been finalized, such as those related to the Blu-ray drive and the input and output of video and sound for the PlayStation 3, said a spokeswoman for Sony Computer Entertainment.</p>
<p>"WeÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢re waiting for them until the last possible minute, but the launch could be pushed back if theyÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢re not decided soon," the spokeswoman said. If the PS3 is not ready in time, the company will choose the next best timing for the launch, she said.</p>
<p>Analysts are expecting Sony to launch the PS3 this summer in Japan, followed by an American launch before the Thanksgiving holiday in November. They expect a launch in Europe in early 2007. Sony has been promising a spring launch but has been deliberately vague about exactly when that would be.</p>
<p>"No one is seriously thinking a spring release is realistic any more," one analyst noted.</p>
<p>A further delay in launching PS3 can mean a serious loss to the company since MicrosoftÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s XBox 360 has already hit the market last November and is doing well, and may eat into SonyÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s market share in this segment.</p>
<p>Based on the news, companyÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s shares fell as much as 4.4% on Monday, but closed down 3.6% at 5300 Yen.</p>
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