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Sony has announced a delay in the launch of the PlayStation 3 in Europe until the end of the 1st quarter of next year. Sony is still planning to launch the PS3 in Japan and North America in November as previously announced but the delay in Europe means it will miss out on the crucial year-end holiday period there.

The reason… a shortage of laser parts….

Sony needs the PS3 to be a huge success if it is to have a resurgence in its profits that are currently in a major slump. Sony products have long been at the leading edge….I would expect that they will pull through this but competition is stiff especially from Microsoft as well as Nintendo.

Jack Cook (2693 Posts) - Website | Twitter | Facebook