Ken Kutaragi, president of Sony Computer Entertainment, took center stage at the PlayStation Business Conference in Tokyo (Japan) and delivered the news: PlayStation 3 will not release until November 2006.

However, he also revealed that Sony plans to release the system in Japan, North America, and Europe simultaneously this November.
PS3 will be in stores before the end of the year – within the first 10 days of November, to be exact.
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