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Jim Ryan has high hopes on May 13, 2021, 10:53 10 comments
Forward-looking: If you’re one of the many people, this writer included, still failing to secure a PS5, Sony feels your pain, but the company previously warned that demand could outweigh supply throughout 2022. However, Sony Interactive Entertainment president and CEO Jim Ryan says he “hopes” the situation will return to normal in the second half of the year.
The PlayStation 5 is one of many products that have been frustratingly difficult to find in stock since launching late last year. The pandemic-induced unprecedented demand and chip shortages, combined with scalpers, have ensured that buying one is a combination of luck and persistence.
PS5 Component Shortage Will Make It Scarce in 2022 too
People can expect the virtual PlayStation 5 queues to continue into 2022. After Sony discussed the PlayStation sales results for the fiscal year that ended March 31, 2021 at the end of April 2021, the system’s future came up. To be specific, Sony Chief Financial Officer Hiroki Totoki said the PS5 component shortage means in 2022 it still wouldn’t “be able to catch up with demand.” [Thanks, Bloomberg!]
Here is the full statement from Totoki about the expected PS5 component shortage and sales numbers in 2022 shared by Bloomberg.
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.