Sony gives grim prognosis for PS5 availability
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Since the launch, the demand for the PlayStation 5 has significantly exceeded the supply. Sony can’t keep up with production – and that won’t change anytime soon.
Sony can actually be happy, because despite the corona pandemic and the tense economic situation, the demand for new game consoles remains high. So high that the company cannot keep up with production. The PS5 is only available in batches, and it’s difficult to buy a copy online or at retail outlets.
Low availability of the PS5 could last until 2023
Last week we reported that Sony could change the design of the PlayStation 5 to meet its own sales target. In an annual report, Hiroki Totoki, Sony’s CFO (chief financial officer) said that while it is trying to sell around 15 million units in 2021. But Totoki also indicated: “Can we drastically increase the range? No, that’s unlikely. ”Now “ Bloomberg ” also reports on Sony’s numbers and gives us new information. As a result, the company will not be able to meet demand for the console in 2022.
Since the launch in November 2020, the PS5 has only been sparsely available. One reason for this is the continuing shortage of semiconductors, which primarily affect the car, but also smartphone and gaming industries. And if the console is available, stocks are quickly bought up by scalpers and traded at horrific prices on portals such as Ebay.
Also interesting: Is it still worth buying a PlayStation 4 now?
Supply cannot keep up with demand
Due to the uncertain situation, there is no official forecast when the PS5 could be available in sufficient quantities. Hotoki does not expect any decline in demand in the current year. His outlook for 2022: “Even if we secure a lot more devices and produce many more PlayStation 5 units in the next year, our supply cannot catch up with demand.”
Bloomberg also reports that Sony plans to buy back shares worth up to 200 billion yen (about 1.5 billion euros). Recently, sales lagged behind market analyzes. Sony expects sales to decline by 4 percent in 2021. However, there are hopes in the industry that high demand for PS5 could counter the decline. Of course, this can only work if Sony can also operate it.
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