Today Sony Computer Entertainment Europe announced that the release of the PlayStation 3 in Europe, Russia, Middle East, Africa and Australasia will be delayed to March 2007 and will not be released on November 17th. The reason why SCEE has changed the date is a delay in the production schedule of the blue laser diode within the Sony Group.
The release in Japan and the North America will remain the same, however there only will be 100,000 units available in Japan and 400,000 in the North America at the release.
Source: Sony Computer Entertainment Europe