Reuters is reporting that, despite some reservations by analysts
, Sony's next-gen console appears to be on-track for a Spring 2006 launch
. From the article: " The timing of the release of Sony's updated PlayStation console has become a matter of speculation in the $25 billion video game industry and among the studios, hardware makers and other companies looking to handicap the battle over next-generation DVD technology. A spokesman for Sony, the No. 1 provider of game consoles, said it was still targeting a spring 2006 launch for the PS3, which is key to maintaining its lead in the game console market against Microsoft Corp. which recently launched its competing Xbox 360 console."