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Sony Ups Ante in Console Wars

Stock quotes in this article: SNE , MSFT , ERTS , ATVI  

The next generation of video-game consoles is moving beyond the conception stage.

On Monday, Sony (SNE Quote) announced plans to debut the successor to its market-leading PlayStation 2 game system by April of next year. The company also plans to show off a demonstration version of the new machine at next May's Electronic Entertainment Exposition (also called E3), the video game industry's giant annual confab.

The news from Sony follows a similar announcement from Nintendo, which plans to show off its new console, code-named Revolution, at E3 also, according to published reports. Nintendo representatives have not confirmed those reports, but a company representative said that Nintendo plans to have its latest console on the market no later than its rivals. ...

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