PlayStation 5 will remain under-supplied until 2022, which means that Sony will be limited in its ability to drive sales for its latest game console.
The Covid-19 pandemic has caused the demand for Sony’s PlayStation 5 game console to increase, while the supply has faced many difficulties, making it difficult for Sony to meet consumer demand.
Sony will continue to struggle with PlayStation 5 supply in the coming years. Sony’s financial results report for fiscal year 2020 shows that Sony has sold 7.8 million PlayStation 5 units by the end of March 31, and Sony’s target is 14.8 million units in fiscal year 2021. If this goal is achieved, Sony hopes to catch up with PlayStation 4 sales with 115.9 million units to date. Sony CFO Hiroki Totoki said demand will drop this year, and even if Sony secures more devices and makes more PlayStation 5s next year, supply won’t be able to keep pace with demand of customer. In addition, since its release in November 2020, PlayStation 5 has also been difficult to find in stock due to shortages of components such as semiconductors and Sony has not yet released an official estimate of the expected time. supply will return to normal. However, Sony still believes that demand for consoles is not only driven by the Covid-19 pandemic, when people are forced to stay at home and want devices for entertainment that consumers still need. high demand for Sony products. As for the limited PlayStation 5 console, the PlayStation 4 remains the best consumer alternative. In addition to Sony, according to Bloomberg, rival Nintendo Co. also warned last week that component shortages could affect production. The company has set a sales target of 25.5 million consoles for the year ending March 2022. However, Nintendo’s management is said to be trying to produce and market between 28 million and 29 million consoles this year.
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