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Sony’s PS3 Delays Gives Xbox 360 Edge

Looking at the technical specs, one can assume the consoles will have about the same amount of power under the hood, but Sony is including their own Blu-Ray high-definition DVD player. The Blu-Ray technology is expensive to produce, and is reportedly the main reason for Sony’s delay. Microsoft has announced an external HD-DVD drive for the 360 using similar “blue laser” technology, and will be released sometime this year.

The PS3 is the center of Sony’s next-generation entertainment strategy and is also the core of Sony’s financial future. The success of the Playstation 3 will determine the success of Sony, as they have struggled to remain profitable for the past two years. Sony has a goal to reach 5 percent operating profit by 2008.

Here are the facts facing Sony and its Playstation 3:
Sony is unveiling a console a year after its key rival, introducing a brand new video format, building an exorbitantly expensive unit, and still hasn’t figured out the Internet…

You can just about trace the path of the downward spiral.

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