PS3 Release Delayed
March 15, 2006
Sony has announced that the new Playstation 3 game console will not be released in Japan until November. The news was expected by still caused Sony stock to drop 1.8 percent on the day.
The machine was supposed to be on the street this spring. Still, Sony says it will produce 1 million consoles a month and have 6 million available by next March.
The console with have a 60 GB hard drive that will support Linux out of the box. It will be completely backward compatible with PS1 and 2 and will upscale old games into high definition.
The whole system is supported by Blu-ray anti-piracy technology, which is where the hangup is coming from that’s causing the delay in release.
Will the wait hurt Sony, which desperately needs a new hit? It will have been more than a year since the new X-Box came out, so one can only guess what the repercussions will be.
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