WSJ.com - Sony Delays Release Of PlayStation 3 Until November

WSJ.com - Sony Delays Release Of PlayStation 3 Until November: "Sony Corp. postponed the release of its much awaited PlayStation 3 machine until November because of delays in finalizing its next-generation disk technology.
The company's Sony Computer Entertainment Inc. unit earlier had set the launch of the next-generatioin videogame console for this spring. The PlayStation 3 is critical for Sony's profits and brand image, so the delay is seen as a major setback for the Japanese electronics and entertainment company as it struggles to mount a recovery after several years of poor earnings."