Sony has developed some great looking digital audio players, but they only supported Sony’s own Atrac format and did not support the popular MP3 format, adding to lousy sales of these products.
“Ken Kutaragi said he and other Sony employees have been frustrated for years with management’s reluctance to introduce products like Apple Computer Inc.’s iPod, mainly because the Tokyo company had music and movie units that were worried about content rights.”
Sony hopes to recitfy its mistake with their new PSP handheld which will allow users to not only play games, but to enjoy music and movies as well. There is no mention in the article as to what music formats the PSP will support however.
Read more at MSNBC
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