Following the publication of Sony’s financial report, it has been suggested that the Portable PlayStation (PSP) might miss its planned pre-Christmas 2004 release date, causing widespread interest in the wording of two separate report papers.
The more recent of the reports reads, “...Sony is working to develop a new market through its planned introduction, in the fiscal year ending March 31, 2005, of PlayStation Portable (“PSP”), a new handheld game system on which a variety of content can be enjoyed.”
Although this would, on the surface still indicate a 2004 release, the mention of other products, in this instance the PS2/TIVO lovechild PSX, come complete with regionalised, specific release timeframes: “PSX is slated to go on sale in Japan late in 2003 and in Europe and the U.S. in 2004. Inside PSX is technology from the Game and Electronics segments.”
However, in the first version of the report filed, Sony seems confident of meeting its initial target: “…SCEI plans to introduce a new, all-in-one portable entertainment platform, PSP, which utilizes a newly developed small optical disc, scheduling a release for the third quarter ending December 31, 2004. The foundation of this new platform is the Universal Media Disc (UMD), which is comprised…”
Importantly, it is the most recently published version that makes the “…planned introduction, in the fiscal year ending March 31, 2005, of PlayStation Portable...” reference, believed by some analysts to highlight something of a climbdown. Given that the report is filed to the SEC, and therefore must adhere to the strict clarity of language guidelines the commission enforces, the wording used regarding the PSP cannot be overlooked.
We contacted Sony today for clarification but were unable to get comment at time of press. We will keep pressing them for clarification, and bring you updates as appropriate.
Of course, if the PSP slip proves true, Nintendo will be in the clear, with a decent run at an open marketplace for several months, though historically this has not bothered Sony. As you will remember SCE proved itself a master of the “wait and see” game as pioneered on the run up to the launch of the PlayStation 2.