Sony Warns PlayStation 5 Shortages Will Extend into Next Year

playstation 5 console

The PlayStation 5 remains hard to get at retail even though it was launched last November and Sony has warned the supply issues will continue through 2022. Bloomberg reports Sony told analysts after reporting its latest financial result in April.

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,” Chief Financial Officer Hiroki Totoki disclosed at the briefing.

Sony has sold 7.8 million units of the PlayStation 5 console as of March 31, 2021 and the company expects to ship 14.8 million units more in the current fiscal year. This would keep it up to pace with the PlayStation 4 which has sold in excess of 115.9 million units.

The demand for the PS5 remains unprecedented and the global chip shortage has not helped Sony. Tokoni expects the situation to remain the same but assured an analyst Sony would increase production in order to meet up with the demand.

Posted by Biodun

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