Don’t have your PS5 yet? And are you anxiously awaiting June 2021 for a massive influx of new inventory? Bad news. The problems surrounding Sony’s latest console are expected to last until next year. Hiroki Totoki, the financial director of the firm, gives not very reassuring information on the situation with too much demand from the players.
No PS5 until 2022?
For many weeks now, everything seems to indicate that the crisis should end around next-gen consoles from this summer and more precisely from June. Last februaryJim Ryan, CEO of Sony Interactive Entertainment was very optimistic, saying that Sony had stepped up the pace of production and that the situation would soon improve.
Since last month, some analysts are less enthusiastic. Many are announcing that the PS5 (and Xbox Series X) stock shortage could last until the year 2022. Worse, the already low production of new consoles could even slow down in the coming months.
Today, Hiroki Totoki, the CFO of Sony confirms these remarks. In a briefing shortly after the announcement of the (very good) quarterly results, the automaker said it was difficult to keep up with strong demand.
I don’t think demand will calm down this year and while we secure a lot more devices and produce a lot more units of the PlayStation 5 next year, our supply will not be able to keep up with the demand.
Hiroki Totoki, CFO of Sony Corp.
Since their release in November 2020, the new PS5 and Xbox Series X have suffered far too much demand compared to available stocks. Following the health crisis that hit the world throughout 2020, production chains have fallen behind. It is especially the shortages of components such as semiconductors that pose real concerns to Sony and Microsoft. Nintendo could also suffer from this shortage with its Nintendo Switch from this year.
To overcome this problem, Sony is, according to recent rumors, preparing a PS5 Slim with a new design for 2022 that would integrate a 6 nm semiconductor.
According to the latest official information, the PS5 has sold more than 7.8 million copies since its launch. Sony’s console is already above the PS4 sales curve over the same period. The future therefore looks bright for the machine… When there is availability!