Submitted by: kirkland on Monday August 21st, 2006 at 08:51 AM EST

It’s less than three months before Sony is scheduled to release its PlayStation 3, but Sony's president and CEO admits the company hasn’t even started making the consoles yet.

Kaz Hirai, the man in charge of Sony Computer Entertainment America, admitted to gaming publication GameSpot that the PlayStation 3 production lines have yet to be turned on.

Because of short timescale for mass production, Hirai says retail shortages of the PlayStation 3 are inevitable.

Despite the tight timeline between now and November, Hirai says he is confident the company will still have its two million promised units for launch date. He says the company will also be able to ship one million consoles per month after that to reach six million units by March 2007.

» Full story @ DigitalJournal