The Sony Playstation 3 launch may be delayed until 2007 if market conditions are suitable. What would be a suitable condition to decide that a delay of a console release is in order? Well, say if the Xbox 360 launch bombs out, for one. It is not so much about whether or not the PS3 will sell well, but rather if there will be enough supporting titles. A console without games isn’t much more useful than a circuit filled paperweight.
Sony’s also probably planning their own strike at the Xbox 360 launch. There is speculation that they may slash the price on the PS2 to $99 to coincide with the $299 release of Microsoft’s new next-generation console. Microsoft is not likely to lower the price on their own Xbox, because they’re already loosing money on each unit sold at $149. The Playstation 2, on the other hand, can bring Sony profits even with the console dropping to the two-digit price range, which means that Sony can sit back and relax while still making money.
This will also give their developers some extra time to overcome the difficulties of working with the CELL processor,so they can hope to see a higher quality of game when their console does come out. Either way, Sony has stated that the earliest we will see the Playstation 3 is probably mid-2006, so there is a good long wait ahead which ever way you look at it.