Sony Explains Why PS5 Stock Is So Hard To Find
It’s an old story at this point: the PS5 sold out immediately at launch, and soon after became the hottest ticket in retail, with people spending hours of focused effort in an attempt to position themselves to buy an in-stock console at MSRP, or, alternatively, to pay wildly inflated prices on the grey market. Now that we’re several months out from launch they’re still hard to find, but slowly but surely, real people are getting their hands on them.
In a recent interview with the Washington Post, PlayStation CEO blamed the issues on the supply chain: lockdown-driven demand for electronics has caused a global semiconductor shortage, and that’s made it harder for any company to quickly ramp up production of a console that requires hard-to-find components. Ryan said that he was “very sorry” for the limited stock, but that production was ramping up.
Sony still managed to sell 4.5 million PS5s in 2020, slightly more than the 4.2 million PS4s sold in a similar amount of time. That number would clearly be much higher if stock was available.
“Demand was …
More on: www.forbes.com