James Hong: European Delay of PS3 Will Dent Sony's Stock. Again.

Posted Sep 6, 2006 at 6:48AM by QJ Staff Listed in: PS3 Tags: Europe, Japan, Ken Kutaragi, SCEE, Sony
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Ken KutaragiAfter issuing an official statement, Sony Computer Entertainment Europe">SCEE may expect another problem for themselves as the delay of the PS3 in PAL territories will definitely put another dent in Sony's stock. According to James Hong, Head of Equity Derivatives Trading at Dresdner Kleinwort in Tokyo, Sony's stock fell 50 yen(about 1%) to 5,050 yen on the Tokyo Stock Exchange. This setback is the latest after Sony suffered a major overhauling in its electronics operation to catch up in key electronics products such as MP3 digital music players. Lest we forget, Dell Inc. and Apple Computer Inc issued huge recalls of their defective laptop batteries made by one of Sony's subsidiaries, Sony Energy Devices Corp.

Sony Computer Entertainment Chief Ken Kutaragi dropped another bomb, telling reporters that although the company is sticking to its intial global target of 6 million PlayStation 3 machines by March, 2007, far fewer machines will be available for the launch dates in Japan and the U.S. because of the production problem. About 400,000 PlayStation 3 machines will be available in the U.S. for the November 17 launch date and 100,000 will be available for Japan on November 11 this year.

The sales delay is caused by a shortage in a key component in the Blu-ray disc laser part of the PS3. "We've been working hard to try to tackle the problem, but we see the delay is inevitable," Kutaragi told reporters.

Via International Herald Tribune

 
 
 

Comments [refresh]

by MIQ - 2006-09-06 01:11
» What!!

Does this mean that the launch date will be delayed or fewer consoles? The article isn't too clear on this.

by - 2006-09-06 01:30
» Japan and US PS3 Launch Is On Its Way

The news said that although no delays are expected for the Japan and US launch of PS3, there will be fewer consoles available as an effect of the production problems.. =(

by Nameless - 2006-09-06 01:32
» Hohohoh!

This calls for another ring from "Angry Sony Fanboy"!



"Where's the good news!?"

by clyk - 2006-09-06 01:33
» Rumor come true

it's over for sony . M$ have a free road. Except is sony have good news for tgs and the ps3 become a must have.

by dikkiedirk - 2006-09-06 01:36
» Go $ony, go.

European release delayed until march 7th 2007!



This sucks!



$ony bites the dust!

by final - 2006-09-06 01:49
»

is this real or what at the European release delayed until march 7th 2007 ??????

by Shiftedx - 2006-09-06 01:54
» gsdghsj

I've been saying it since E3 06 there was no way Sony would be able to launch in US, Japan, and Europe and I've also been saying there was no possible way for them to manufacture 4 million ps3's by the end of 2006 due to blue ray still being a very new product.

by hamps - 2006-09-06 01:55
» wat a ridiculous statement

well not surprising that the promised world wide release isn't going to go ahead but what's more ridiculous is sony's assertation that they'll still be able to hit the 6 million unit target by March 07..



are they on some type of special drug that the world hasn't discovered yet?! esp when they announced they can only produce 500,000 units for the US/Japan launch.. that's righ folks.. they plan to produce 5.5 million units in 5 months after launch..

by Bleep - 2006-09-06 01:59
»

"it's over for sony . M$ have a free road."



Yeah.. thats not working out too well for them right now.

Free road for almost a year, and its selling worse than the original Xbox, and it's STILL missing "those games" that made people around the world buy 100 million PS2 units.

by C3K - 2006-09-06 02:03
» Really?

400,000 PS3s in the US at launch? 100,000 in Japan?



Wow....

by soopergooman - 2006-09-06 02:25
» ...

if they were werking hard to meet demand, well they would've started production 6 months before release and not just two. how bloody stupid can you get? i might not even bother now.....

by Kevin - 2006-09-06 03:22
» devastating news!

400,000 ps3's on launch in the US. Oh man, this is going to suck, thats worst than what the Xbox 360 had and it was hell trying to track down a 360.



People are going to be disappointed for sure, but the people selling them on ebay won't hahahahahhaha. I'm waiting in line a full week to get mine. Gonna have to with on 400,000 systems!!!!!

by phoenixwright - 2006-09-06 03:38
»

I thought most people would wait for price drop before buying ps3. At least that's what i intend to do.

by DP - 2006-09-06 04:00
»

Oh man, this is tha best.

I think when I´m on vacation in Thailand in December I will take a quick visit to Japan (its not that far ) and grab a PS3... then sell it on Ebay for... what... about 2000€ ??? :D:D:D





Sony is so damn stupid about their PR.

No News is bad news, ha?



In Case of Sony... not hearing ANYTHING from them would be better ;)





PEACE





P.S. Excuse my bad english. I´m one of those poor german bastards that has to wait till 2007 ;)

by kenny - 2006-09-06 04:33
» OMG!

i cant believe it! sony has been talking trash all this time stating how what happened to MS wont happen to them... BULL****! its even worse. do you know how hard its gonna be to get one if each store has only one in their inventory. Plus, you're definitely gonna have stores overpricing it due to high demand... I hope that high price tag works in my favor.

by Jes - 2006-09-06 05:29
» oh well

I will buy a ps3 then bend over a sony fan boy with my over inflated price. Ha 360 rules all gaming.



Come on sony fanboys they are bending you over real nice.

by ninja - 2006-09-06 05:50
» PS3 R.I.P

And so the list of cons is bigger than that of the pros for PS3! Sony has dug their own grave. Wii60 is now the way to go. Blu-ray has killed the PS3 :(

by alert - 2006-09-06 06:25
» sony is going to burn

ps3 is going nowhere,all the way downhill

sony has no respect for europeans

by open your eyes - 2006-09-06 07:57
» ken and his lover the blue ray

poor ken ,he is going to be jobless ,his lover the dead ray,will still love him

by SteveTao - 2006-09-06 10:04
» Lol

The stupid investors are pulling out. While the smart investors are buying stocks at a low price knowing that the price will raise up dramatically when the PS3 launch and be making millions of dollars.

by animeGhost - 2006-09-06 12:24
»

"PLUS AMERICAN IS GREATER THAN A STUPID JAPANESE CONSOLE!!!!



EAT THIS!!!"



u do realise not a single peice of ur precious "american" console is actualy made in the u.s.

by the - 2006-09-06 14:11
» ps3 is american

ibm n vidia us companies

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