ps5-shortages

PS5 SHORTAGES MAY LAST WELL INTO 2022, ACCORDING TO SONY

-PS5 console shortages are expected to continue until mid 2022.

-The shortages stem from an apparent lack of important components. 

A little too much demand, and hardly any consoles to come by!

Looks like the shortage of PlayStation 5 consoles will last us well into 2022 according to the very honchos at Sony Group Corp. 

The bad news splashed on Monday, after a Bloomberg article pointed out at some of the touchy subjects addressed at the private financial briefing that took place during the last days of last April, involving many top execs of the classic Japanese tech manufactures. In it, the company’s CFO commented on the expected future demand for PS5 consoles, and how a lack of semiconductorsand other undefined components – may come to rain on their parade, by hindering production levels more capable of coping with the stocking crisis. 

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One more year of PS5 shortages in sight

So, it all originated from a particular article posted last Monday at Bloomberg.com, detailing the contents of a meeting between execs of the Japanese Sony conglomerate from back in April.

The meeting’s purpose was to review the company’s financial standings, and more particularly, to comment on the continued demand for PlayStation 5 consoles, and the impending problems raised by the lingering shortcomings in production, stemming from  a lack in necessary components like semiconductors.

According to the Sony’s CFO, Hiroki Totoki, this scarcity may last well into 2022, unless things change dramatically in terms of supply during the next few months.

True dat! The demand for PS5 consoles has been sky-high, and Sony was somehow able to avert the same dismal launch of the PS4 platform some years ago. In the short time span of only a few months since the console’s release date (Nov. 2020 – March 31st, 2021), Sony shipped a wholesome 7.8 million units to players, and they expect the number to rise to a whopping 14.8 million consoles by the end of the ongoing fiscal year, however, the lack of computer components ravaging through the entire world since the hit of the pandemic has made things a lot harder for hardware developers everywhere. 

As stated by Hiroki himself in the meeting: “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.” He then added: “We have sold more than 100 million unites of the PlayStation 4 and considering our market share and reputation, I can’t imagine dropping easily.” 

it’s still kinda cute that they keep on thinking the PS4 was an actual success, but whatever, if it  floats their boat… fine by us!

Meanwhile, give yourself a pat on the back if you were one of the few lucky ones able to snatch a PS5 since its launch date. The waiting lists are still VERY long. 

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