The Shortages of PS5 will extend in 2022 Due to High Demand

Sony’s Chief Financial Officer, Hiroki Totoki has said that as per assumption the PS5 shortages will extend into next year due to its high demand.

According to the last month’s report of wccftech, this shortage of next-gen console from Sony is not going to end this year, now Sony is informing that it might even extend into 2022. This is what Sony’s Chief Financial Officer informed investors following the company’s most recent financial earnings.

“As I said earlier, we’re aiming for more sales volume than the PS4 [during year 2]”, Totoki already told investors last month. “But can we drastically increase the supply? No, that’s not likely. The shortage of semiconductors is one factor, but there are other factors that will impact on the production volume. So, at present, we’d like to aim at [beating] second year sales of 14.8 million, which was the second year of PS4.”

Sony has reported in its most recent earnings report that the sales figure of PS5 has been crossed 7.8 million units. Sony is aiming to produce more PS5 consoles to meet the demand, but as now highlighted by Sony’s CFO, the company will not be able to meet the demand.

“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,” Sony’s CFO has told the investors.

Totoki said, “We have sold more than 100 million units of the PlayStation 4, and considering our market share and reputation, I can’t imagine demand dropping easily.”

Sony had released the PlayStation 5 globally in November 2020.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Super Robot Wars Y Ignites 2025: Epic Mecha Crossover...

Mecha enthusiasts, prepare for liftoff! The gaming world is buzzing with excitement as Bandai Namco Entertainment drops...

Sony Reportedly Developing a Larger 200 MP Sensor for...

Sony is reportedly working on a high-end 200 MP sensor for flagship smartphone main cameras, aiming to...

Starfield PS5 Release Rumors Grow After PlayStation Logo

Speculation surrounding a potential PlayStation 5 release for Starfield intensified over the weekend after fans spotted a...
AMD FSR 4

AMD FSR 4 Co-Developed with Sony: Next-Gen Upscaling Unveiled

AMD FSR 4: AMD has officially confirmed that FSR 4, the latest version of its FidelityFX Super...

Until Dawn Release Date 2025: Everything About Trailer, Cast,...

Until Dawn Release Date: The much-anticipated trailer for Until Dawn has finally been released on Thursday evening,...

LATEST NEWS

Final Fantasy 9 Remake Speculation Grows After Anniversary Site Launch

Square Enix has reignited excitement for a potential Final Fantasy 9 remake by launching an official website celebrating the game's 25th anniversary. The new...

IPL 2025: LSG Edge MI in Thriller as Marsh, Markram Shine and Avesh Holds Nerve at Death

Tilak Varma retired out while Hardik Pandya took charge of strike rotation, but their late push wasn’t enough as Mumbai Indians (MI) fell short...

Motorola Razr 60 & 60 Ultra Leak Reveals Design, Specs & Colors

Motorola's upcoming foldable phones, the Razr 60 and Razr 60 Ultra, have surfaced online ahead of their official launch. Although the company has not...

IPL 2025: PBKS vs RR – Preview, Prediction, Starting XI and Where To Watch The Match LIVE

IPL 2025 promises more excitement as Punjab Kings take on Rajasthan Royals in Match 18, scheduled for Saturday, April 5, at the Maharaja Yadavindra...

Featured