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- PS3 could be pushed to 2007 if conditions favor Sony
According to a report by Wedbush Morgan Securities, Sony could dely the PS3's launch into the early part of 2007. The basis for the projection rests on the production cost of the current PS2 and the soon to be released Xbox 360. If events go as predicted, Sony will drop the PS2's price to $99 around the launch of the Xbox 360. Because the PS2 costs less than $99 to produce, it would serve as a distraction to the higher priced 360 and help counteract a likely $99 Xbox, which would still sell at a loss. If the launch proves to be lackluster due to the cheapened PS2, it's successor console could easily be delayed into 2007, giving Sony plenty of time to produce units to meet demands. Ultimately, however, the release date rests on the success of the 360 and its launch. GameSpot
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