Why PS3 is now a post script.
It follows delays in finalising the next generation console's new disc technology, the electronics giant said.
The move will disappoint fans and retailers.
Sony's head of video games Ken Kutaragi said: "I would like to apologise for the delay."
The company is still trying to finalise the technical specifications for the PS3's Blu-ray technologoy.
Blu-ray discs are the high-definition replacements for the DVDs which are used for games and films on the PS2 console. They have greater storage capacity and "robust" security, Sony said.
The PS3 will be "backwards compatible" which means it can be used to play games from the original PlayStation and the PS2.
It was first unveiled at a games fair in the US last year.
Sony has not yet announced the new console's price.
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|Publication:||The Birmingham Post (England)|
|Date:||Mar 16, 2006|
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