The Playstation Vita, Sony's next generation hand held console, won't be out this year. Despite the rumours (and Blockbuster dates) that we would see the machine in 2011, Sony Vice President Kazuo Hirai has now said that it won't be out until some point during 2012, MCV reports. Retailers ought to see this as good news, considering that will give them time to potentially sell more Nintendo 3DS at its lowered price before the real competition between the two companies starts.