News business PS5: End of the shortage and sales superior to the PS4 shortly according to Sony
Published on 05/28/2022 at 15:02
The Playstation 5 has been in circulation for almost two years, but players are still struggling to get their hands on it. A situation due to many factors, including the component crisis that the tech industry is experiencing. Sony is nevertheless optimistic and hopes for better sales by 2024 according to a recent financial report.
The PS5 lagging behind its big sister
As we know, Sony is struggling to distribute its latest console. This complex situation for the manufacturer has unfortunately been effective since the launch of the console in November 2020 and is mainly caused by the component crisis that we are still going through. But this is not the only factor to consider today according to Sony, since the giant recently explained that the situation in Ukraine also had a strong impact on the distribution of its machine.
However, Sony does not despair! In a recent financial report, the manufacturer expects significant sales growth by 2024, when the PS5 should exceed the sales of its elder, the Playstation 4.
If the last born had sold better than its big sister the year of its release, since then it has never managed to exceed it. No possible remedy as it stands, and Sony had even restarted production of PS4 to compensate for the lack of PS5.
A well-oiled strategy
So how do Sony plan to address the PS5 shortage? As this graph explains, the manufacturer still expects to fight once morest COVID-19 and the Russian-Ukrainian conflict, but hopes to be able to rely on the support of several potential partners. The giant is currently in negotiations to maintain the best possible logistics for the deliveries of its stock of machines, but also hopes to achieve its component quotas by collaborating with several suppliers at the same time.
Sony is therefore making every effort to meet the significant demand, but we must remain realistic: For a “return to normal” and hope to get your hands on a PS5 serenely, we will have to take our troubles patiently and wait until 2024. Or you can always refresh the pages displaying console inventory daily and hope to be in the right place at the right time.
