Sony's Ken Kutaragi Discusses PS3 Delay

Shawn Andrich

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Sony's Ken Kutaragi Discusses PS3 Delay

The Sony president and CEO concedes that a European delay will hurt the PS3's prospects.

In a brief statement to Reuters, Sony president and CEO Ken Kutaragi made a rare admission that the PS3 delay in Europe will hurt the company's position in the market. "If you asked me if Sony?s strength in hardware was in decline, right now I guess I would have to say that might be true," he said.

Sony is currently the number one console maker in the world with a PS2 that continues to outsell the Xbox 360 in recent [http://www.escapistmagazine.com/forums/read/7.34453] months. Despite the PS3 shipment cuts [http://www.escapistmagazine.com/newsroom/view/64560], most analysts expect Sony to remain number one with a smaller percentage of the market than they are used to.

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