Sony Could Wait Till 2007 to Launch PS3

August 3rd 2005 | Games Consoles

According to Wedbush Morgan Securities, Sony may intentionally delay the release of the PlayStation 3 until 2007 and drop the price of the PS2 to $99 as to disrupt the launch of Microsoft’s Xbox 360:

In a research memo sent to investors, Wedbush senior analyst Michael Pachter set up the following scene for a delayed PS3 launch. It starts with the current-generation Xbox being priced down to $99 post-Xbox 360 launch, but no lower. Concurrent with that situation–an Xbox 360 at an unspecified price and the Xbox at $99–Sony would drop the price of the PlayStation 2 to $99.

Analyst: Sony could wait till ‘07 to launch PS3
GameSpot

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Sony Could Wait Till 2007 to Launch PS3
Published in: Games Consoles on 2005-08-03