are today reporting Sony's announced plans to unveil the PlayStation 3 at next year's Electronic Entertainment Expo
. Sony Computer Entertainment president Ken Kutaragi did not reveal a release date, nor an official name for this next console, but he did hint that the PS3 project is running about one year behind the PSP, which is slated to hit Japan by the end of this year and America and Europe by March 31, 2005 (the end of the fiscal year).
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Nintendo announced about a month ago that their next console, codenamed "Revolution", will also be playable at E3 2005. All eyes are now aimed at Microsoft, who has stated their console will come to market before the PS3.