Sony has confirmed that the PSP successor will be released in Japan in 2011, but all other regions will get the PlayStation Vita in “early 2012”. “Sony Corp. Executive Vice President Kazuo Hirai said Thursday the PlayStation Vita will go on sale by the end of the year in Japan, and early next year in the U.S. and Europe,” states MSN Money.
“Hirai did not characterize the timing as a delay, but said Sony wants to be prepared with solid game software offerings timed with the hardware launches.”
He also states that the company doesn’t see any reason to drop the price despite Nintendo’s struggling 3DS.