PS3 Claims first Victim at Sony

Ken Kutaragi is out as chairman and CEO of Sony Computer Entertainment. It looks like the PS3s missteps and the Wii taking the lead in the head to head console fight for Japan is the reason why.

The company's latest console, the PlayStation 3, hit shelves in Japan
on Nov. 11 and those in North America shortly afterwards. However, component
shortages meant the European launch was delayed until March. The launch hasn't
gone as well as Sony had hoped, in part because of the success of Nintendo Co.
Ltd., which has managed to outsell Sony to-date with its Wii console.

The Wii is just too cheap and fun for the PS3 to catch up with. Also there is no must have category killer type game for the PS3 yet. The Wii has Zelda and a few others that seem to be selling pretty well. I think there will be more PS3s sold when Grand Theft Auto 4 comes out in Oct 16 of this year.