PlayStation 3 to be delayed?

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The North American launch of Sony's much-anticipated PlayStation 3 could be delayed until next year, according to a research report issued by Merrill Lynch.

In the report(Click here for PDF) , the analyst firm proposed the idea that high costs and Sony's decision to use an "ambitious new processor architecture--the Cell" is making it look like the company might not be able to meet its goal of getting the PS 3 out in the U.S. this year. News.Com