The PlayStation 5 will still be in short supply according to 2022 a report from Bloomberg
Sony privately briefed a group of analysts on the PS5’s offering after the company reported its quarterly results in late April, Bloomberg said. The story quotes Sony CFO Hiroki Totoki as saying that the company’s PS5 offering cannot meet demand this year and next year, “even if we secure a lot more devices and produce a lot more units “.
At Sony public call for prizes on April 28thAccording to Totoki, Sony has planned to ship more than 14.8 million PlayStation 5 consoles by 2021. That’s double what the company has sold since the console launched in November 2020. The worldwide Shortage of semiconductorsSony, which has hampered production and plans in various industries, has stopped Sony from significantly increasing production.
Sony is also facing some difficult year-on-year comparisons, largely due to the strong numbers posted in Spring and Summer 2020 when quarantine-like conditions pushed many people to find entertainment on their own.
On April 27, Sony’s share price rose 62 percent year over year. After the earnings call, which advised investors that they expected operating income to lag about 4% below last fiscal year, the stock has lost about $ 10 and is back below $ 100.
In February, Sony reported that 4.5 million PlayStation 5 units had been sold since the console launched on November 12th through 2020, which even resulted in a loss of revenue as the “strategic price” was lower than the cost of manufacture. Not facing the same manufacturing and delivery issues, the PlayStation 4 moved 4.2 million units from its launch in November 2013 to the end of that year.
The PS5 was especially hard to find, enough that the quest for a new console spawned an internet subculture of watching sales, reselling hustles, and chatting on Reddit, Discord, and social media.
