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Sony's Playstation 3 Debuts to Lines in Japan

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Hordes of video-game fans stood in line for several hours outside electronic stores in Japan Saturday in hopes of purchasing Sony's Playstation 3.

Sony's much-heralded and delayed Playstation 3 game console went on sale today, with local stores selling out their supplies in just a few hours.

Powered by a new computer chip and supported by the next-generation "Blu-ray" video disc format, the console delivers nearly movie-like graphics and offers a realistic gaming experience.

But the new features have also driven up production costs, dragging Sony's game unit into a deep loss. The Associated Press says Sony expects to lose nearly $2 billion in its gaming division for the year.

Some information for this report was provided by AFP, AP and Reuters.

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