Feb 17, 2016 10:58 AM EST

PlayStation VR Will Commence Its Launch This Fall

GameStop CEO Paul Raines announced that The PlayStation VR headset will proceed its shipment this fall.

According to Fox Business, Paul Raines discussed the industry's strategic approach to virtual reality, and assured that new Sony products will soon make its way to stores, such as the Oculus Rift, HTC Vive and the PlayStation VR.

The PlayStation VR is the first virtual reality headset from Sony formerly known as Project Morpheus, where last year in the first half of 2016, Sony claimed that the headgear would ship at that time. Eventually delays were brought to the company's tight schedule, and it made sense for Sony to make the launch this fall just in time to catch up with the holiday season.

Sony revealed its plans to release the Oculus Rift on March 28th following the HTC Vive on April, this would mean the VR headset will see its last major shipment.

Although Sony hasn't announced the product's cost for both the VR headset and its games, last year's event suggested several upcoming titles.

At this point, virtual reality is an unknown, unstable market where there is no guessing how the outcome would be.

Delaying the headset three months or four months before its release, wouldn't make much of a difference since Sony will still benefit from it.

If PlayStation manages to deliver a functioning VR system with a cheap price to its PS4, this could mean the possibility of the PlayStation VR to lead the market and leap ahead the Oculus and HTC.

GameStop mentioned in a statement saying, "We are right now preparing for the launches of the major VR products. So we're now in discussions with Oculus, with HTC Vive, and with Sony. The market size is really hard to measure right now, but there are a lot of different measurements, all of them start with a billion."

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