Sony delays PS3 "Home", but no talk of price cuts
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CHIBA, Japan  - Sony Corp said on Thursday it would postpone the launch of the "Home" virtual community service for its PlayStation 3 game console to early next year, the latest setback in its videogame battle with Microsoft Corp and Nintendo Co Ltd.
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Sony Corp. has no plans to cut the price  of its PlayStation3 (PS3) at present to pep up demand and  counter surging sales of Nintendo&#39;s rival game console Wii,  Sony&#39;s president said on Friday.
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Shortages of Sony Corp.'s PlayStation 3 console may cause customers to hold off buying new video games, extending a period of slow growth for publishers including Electronic Arts Inc., the biggest.
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Sony is trying to decide by how much it will cut the price of its PlayStation 3 console as consumers want it reduced, its chief executive said in an interview published Friday.
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Sony said Thursday it was delaying until next year the launch of an online virtual universe for the PlayStation 3 where users will be able to socialise, shop and even go to the movies.
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Sony Corp. slashed the planned price of its delay-hit PlayStation 3 by one-fifth in Japan, preparing for a fierce fight against cheaper games consoles from rivals Microsoft and Nintendo.
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Sony's long-awaited PlayStation 3 console will not be available in Europe until March, the company admits.
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Sony Corp. said on Thursday it sees no  need to change its target to ship 2 million units of its  PlayStation 3 game console worldwide by the end of December and  6 million by the end of next March.
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Sony Corp.  cut the price of the PlayStation 3 by $100, or 17 percent, in the United States on Monday, a move that should boost the video game console's lackluster sales.
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When the game console will be available here remains uncertain.
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Forget about a price cut for the PlayStation 3 in the near future. Sony's president Ryoji Chubachi said the company currently has no plans to reduce the price of the console in an interview with Reuters.
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Sony Corp. (6758.T) shares fell as much  as 2.6 percent on Thursday, hit by another delay in the launch  of its PlayStation 3 game console, but outperformed sector  peers and the broader market by the end of the day as investors  weigh the likely impact of the delay.
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Sony Corp. will lower the price of its much-anticipated PlayStation 3 video game console, Kyodo News agency reported Friday, as competition heats up in next-generation gaming between Sony, Microsoft and Nintendo.
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TOKYO -- Sony Corp.&#39;s PlayStation Portable isn&#39;t in US stores yet but that&#39;s not stopping Sony from putting a price tag on the much anticipated item.
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Looking to jump-start sales of its PlayStation 3 game system, Sony has cut the price by $100, to $499, and plans to introduce a $599 package with a larger (80-gigabyte vs. 60-GB) hard drive and one game next month.
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NEW YORK (CNN/Money ) - In recent weeks, analysts and pundits have filled the air with speculation that Sony would be forced to delay its entry in the handheld gaming market.
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Sony is now $399 away from giving PlayStation 3 consoles away.