Sony warns PS5 shortage likely to continue in 2022

Source: KitGuru added 10th May 2021

  • sony-warns-ps5-shortage-likely-to-continue-in-2022

Matthew Wilson
6 hours ago
Console, Featured Tech News

If you were hoping to have an easier time getting hold of a PS5 later this year, then you may be out of luck. During Sony’s recent company earnings report, the company confirmed that it expects PS5 shortages to continue through the rest of this year, and supply may continue to struggle in 2022.

As reported by Bloomberg, Sony CFO, Hiroki Totoki, explained to investors during an earnings call that PlayStation 5 demand is going to continue to outstrip supply for the foreseeable future.

“I don’t think demand is calming down this year and even if we secure a lot more devices and produce many more units of the PlayStation 5 next year, our supply wouldn’t be able to catch up with demand”.

Totoki also added that due to the large PS4 install base, it is unlikely that demand for the PS5 is going to drop. Currently, Sony is aiming to produce just shy of 15 million PS5 consoles over the next 10 months. The company already sold 7.8 million units between launch and the 31st of March 2021.

KitGuru Says: Demand for PS5 consoles is only going to increase once more blockbuster exclusives hit the market. We already know that Horizon Forbidden West is due this year and a sequel to God of War (2018) is on the way too. Have any of you been trying to get hold of a PS5? 

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brands: First  God of War  It  Million  One  PlayStation  Recent  Sony  WAS  
media: KitGuru  
keywords: Console  Playstation  Playstation 5  PS5  

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