At E3 2006, Sony had touted its worldwide launch strategy and plans to sell a total of 4 million units across Japan, North America, Europe, and Australia before the end of 2006. The company--and eager PlayStation fans around the world--will now have to settle for half that. The culprit for the shortfall is manufacturing problems with a key Blu-ray component, which more or less confirms rumors that had picked up in the past few weeks.
The bottom line is that the PS3 is going to be just as hard to obtain this holiday season as the Xbox 360 was last year (assuming, that is, that Sony can still make the November deadline). That's music to the ears of Microsoft and Nintendo, and more bitter medicine to swallow for eager PS3 fan-boys--including those who are just looking for a more affordable Blu-ray player.