Sales of the new PlayStation 3 will be a “slow burner” but will probably prove successful in the long term, a leading high street retailer predicted today.

Ebay is encouraging traders to buy up toys and re-sell them on the site at a profit once shops run out during the pre-Christmas rush, it emerged today.

Electronics giant Sony has delayed the announcement of when it will launch its new PSP pocket games console in the UK to ensure it can meet demand, a spokesman said today.