Consumers finally won’t have to wait for the PlayStation 5 console, and physical goods should be regularly seen on store shelves as Sony says the console’s shortages are coming to an end.
Sony Interactive Entertainment CEO Jim Ryan announced at the Consumer Electronics Show (CES) in Las Vegas on Wednesday (5th) that the supply of game console hardware has improved late last year, and December even set a record for PS5 sales in history. strongest month.
“From now on, anyone looking to buy a PS5 should have an easier time finding one on the shelves of retailers around the world,” he said.
However, amid the general decline in US stocks, Sony ADR (SONY-US) still traded down 0.39% on Thursday to close at $77.50 per share.
Ryan also mentioned that the global sales of PS5 game consoles have exceeded 30 million units, which means that since the company last issued a sales update, it has sold 10 million units in regarding 7 months.
This is good news for Sony and gamers, the PS5 is still regarding 6 million units behind the PS4 in current sales (26 months following launch), which sold regarding 36 million units in the 26-month period following its launch in November 2013 .
However, the main reason for the lag in PS5 sales is due to supply constraints and semiconductor shortages caused by the epidemic, rather than weak demand. Therefore, supported by improved production levels, PS5 sales growth should increase significantly.
Baron Business Week reported in May last year that once Sony overcomes the shortage of PS5 chips, it is expected to thrive. In the same month, Sony revised up its PS5 console production plan for the full year ending March 2023 by at least 50%, equivalent to a sales volume of 18 million units during this period.
