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Barry
Mr. Do It All
Dec 9, 2005, 5:12 AM
Post #1 of 1
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PS3 Delays, On time?
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Sony said it remains on track to release the PlayStation 3 by spring 2006 despite industry speculation that the scheduled launch could face delays. The timing of the release of Sony's updated PlayStation console has become a matter of speculation in the $25 billion video game industry and among the studios, hardware makers and other companies looking to handicap the battle over next-generation DVD technology.
A spokesman for Sony, the No. 1 provider of game consoles, said it was still targeting a spring 2006 launch for the PS3, which is key to maintaining its lead in the game console market against the Xbox 360 console.
The PS3 also is central to Sony's push of Blu-ray, its next-generation DVD technology, against a rival DVD format known as HD DVD, created by a Toshiba Corp-led (6502.T) group. Billions of dollars are at stake in the DVD format war as movie studios and electronics makers gear up for a technology change they hope will send consumers back to buy new players and discs that will play high-definition pictures.
Failure to reach a unified front has paved the way for a standards war between Blu-ray and HD DVD, reminiscent of the VHS-Betamax clash decades ago, which confused buyers and turned into an expensive loss for many companies.
Many industry insiders have expected that splashy launch of Sony's PS3
console to give Blu-ray an edge and deliver a huge base of players for
Hollywood studios looking to sell compatible DVDs.
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