Sony coughs to PS2 shortage
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'It'll be lonely, this Christmas, without you to hold...'
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The PlayStation 3 is no cure for Sony's blues.
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It&#39;s another black eye for Sony. After closing its online music store in August, news comes that the entertainment giant is delaying the opening of its online community for  the PlayStation 3.
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Sony PlayStation 2's slimmer shape has proved popular with UK gamers, with 50,000 sold in its first week on sale.
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LOS ANGELES/TOKYO  - Sony said on Wednesday it   would delay the launch of its PlayStation 3 game machine in   Europe and other regions to March from November due to   inadequate supply of a key component, missing the critical   Christmas shopping season.
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Japan's Sony Corp. said on Tuesday it  would launch a new version of its popular PlayStation 2 game  console in the United States and Europe on Nov. 1 at a price of  $149 and 149 euros ($181) respectively.
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Despite its struggles with the PlayStation 3, Sony's PlayStation 2 business continues to press forward, with the company celebrating its seven anniversary Friday by announcing that more than 120 million consoles have been sold worldwide.
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Sony has set a price of 19,800 yen (US$186) for its new multimedia handheld games console, the Playstation Portable -- a much lower price than analysts had predicted.
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Sony Corp, which on Tuesday confirmed a shipping halt on the Suez Canal disrupted delivery of its newest PlayStation 2 to Europe, said supply shortages of the game console extend to the United States.
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Sony, the world's largest  consumer-electronics group, is having trouble meeting soaring  demand for flat televisions as its assembly lines did not gear  up quickly enough, a senior official said on Friday.
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Sony Corp.  is on track  to ship 2 million PlayStation 3s to North American stores by  the end of March, and expects shortages of the video game  console to have completely eased by May, a top executive said  on Tuesday.
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Sony Corp.(6758.T) does not expect to  cut the U.S. price of its PSP handheld game system for the rest  of 2006, and the number of available games will nearly double  to about 230 in that time, Sony said on Thursday.
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Sony Corp.  expects at least 380  new PlayStation 3 games to hit the market this business year  and says that should rev up demand for the console that has so  far lost out to Nintendo's  wildly popular Wii.
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Blog: What did Sony mean when they said there was no PS3 price cut?
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If you want a new video game for the holidays, you may have fewer shopping days left than you think. Though two weekends remain till Christmas, observers expect the already-slim odds of finding a Sony PlayStation 3 or Nintendo Wii to fall precipitously after this weekend.
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Sony Corporation has come up with a smaller version of its Playstation Two game console. The book-sized PS2 will help cut costs as video-game consoles continue to drop in price.
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Sony Corp.6758.T does not expect to   cut the U.S. price of its PSP handheld game system for the rest   of 2006, and the number of available games will nearly double   to about 230 in that time, Sony said on Thursday.