Activision CEO Bobby Kotick has issued a warning to many investors that Sony’s PlayStation Portable system may [i]not[/i] be ready for a Q1 2005 release. An unknown Wall Street employee backed this statement, saying that “we have maintained that it has been at best a 50-50 proposition that Sony will make its scheduled holiday 2004 Japan launch, and any delay in the Japan launch would likely push the North American launch out of the March quarter.”

Molly Smith, director of public releations for Sony Computer Entertainment America, was quick to offer a dispute to the claims direct from Sony. “We have not discussed or given any indication that an adjustment to the PSP launch window is on the horizon.”

So what does all of this mean for you, the gamer? In a nutshell, simply this: unless you hear otherwise, plan to have a shiny new PSP in your hands before the end of March 2005 as is currently planned.