According to GameSpot and The Digital Bits the arrival of the much anticipated Sony Blu-ray compatible PlayStation 3 system “could be delayed as much as a year from the company's initially anticipated Spring 2006 target date.”

On top of this, the price to manufacture the PS3 machine could be as much as $900. This means that the purchase price could fall somewhere in the neighborhood of $700-$800. This announcement has seen Sony's stock price falter in the face of the bad news, and has had a ripple effect on the “Tokyo stock market” as a whole.

Despite this bad news Kei Sakaguchi, a Sony Computer Entertainment spokesperson said there would be no delay going so far as to say, "There isn't any change in our plan to release the console in spring 2006."

When talking with USA Today, “a Sony Computer Entertainment America spokesperson” had a more guarded tone. "We're aiming for spring, but we haven't announced specific regions," she said. "We're waiting for [final PS3 specifications] until the last possible minute, but the launch could be pushed back if they're not decided soon."