From Reuters:
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A spokesman for Sony, the No. 1 provider of game consoles, said it was still targeting a spring 2006 launch for the PS3, which is key to maintaining its lead in the game console market against Microsoft Corp., which recently launched its competing Xbox 360 console.

Larry Probst, chief executive of the No. 1 video game publisher Electronic Arts Inc., said last week that he believed Sony's console would not be available until fall 2006.
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Read More: Reuters

From gamesindustry.biz:
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The president of Warner Home Video has criticised Sony for the tactics it has employed in the battle of the next-gen DVD formats - and for dragging home entertainment companies into the console war.
In a speech delivered at the Perspectives in European Video conference, Lieberfarb said: "If I put Blu-Ray in PlayStation and I don't license it to Microsoft for Xbox and I get all the studios to only publish in PlayStation, I'll beat Microsoft in the next-generation games market."
"We've been sucked into PlayStation versus Xbox."

Lieberfarb went on to compare Sony's strategies to those used by Samurai swordsmen, stating: "If you ever read The Art of War, you will see all of Sony's moves, including taking all its enemies in the same tent and then leaving them empty-handed. These are things that they have done historically."
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Read More: gamesindustry.biz

From gamesindustry.biz:
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The development talent which Sony is building up in its worldwide studios will "change the landscape of computer entertainment," the company has told GamesIndustry.biz following the acquisition of Dutch studio Guerrilla.

"By combining the wealth of creativity and talent of games development which SCE has accumulated, we aim to change the landscape of computer entertainment," the Sony spokesperson commented. "The acquisition of Guerrilla, likewise to all of our other development and creative partnerships, plays a part in this vision."
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Read More: gamesindustry.biz

From gamersreports.com:
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We have a bit of MGS4 for you today, this is the developer running MGS4 on the Playstation 3 dev kit at TGS, while speaking about it in the background. This pretty much shows the power of the PS3 unit, and there are even english subtitles.
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Read More: gamersreports.com

From forbes.com:
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Led by Chief Executive Officer Howard Stringer, the consumer electronics and entertainment colossus has started offering early retirement to employees, as the CEO's massive revamping plan gets underway.

Stringer in September swore to revivify Sony's flabby electronics business via various tactics over the next three years, including slashing 10,000 jobs--4,000 in Japan and 6,000 outside the island-nation--by the end of March 2008.
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Read More: forbes.com

From gameshout.com:
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The report by Neilsen Media Research, which suggest that 50 percent of video gamers will not buy an Xbox 360, are video gamers holding out until the Sony PlayStation 3.

Sony PS3 just might be smart waiting until the Xbox 360 dust clears, but right now Microsoft has dominated the video game console market. Another company that can learn from Microsoft Xbox 360 mistakes is Nintendo, as they prepare for their next-gen Nintendo Revolution.

The Neilsen report also suggests that video gamers are being smart, and not buying the first next-gen video console, until they know exactly which console is best for them.
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Read More: gameshout.com