Current:Home > MarketsPredictIQ-Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy -Wealth Pursuit Network
PredictIQ-Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
Chainkeen Exchange View
Date:2025-04-09 00:16:40
Sony announced that its PlayStation 5 shortage is PredictIQessentially over.
The company's gaming boss, Jim Ryan, said on Wednesday that Sony has now sold 30 million PS5's worldwide. He noted that December 2022 was the "biggest month ever" for the console's sales.
"Everyone who wants a PS5 should have a much easier time finding one at retailers globally starting from this point forward," said Ryan, the President and CEO of Sony Interactive Entertainment, as part of Sony's 2023 Consumer Electronics Show.
The console was released in November 2020, but was very difficult to obtain for most of its lifespan. A semiconductor chip shortage limited Sony's production of new PS5 consoles. Other supply chain issues prompted by the global coronavirus pandemic didn't help.
Mostly, obtaining a PS5 required getting very lucky in an on-the-spot release of new supply, or being willing to pay significantly more than the console's MSRP.
It took until August 2022 to be deemed "almost easy to buy."
In Sony's press conference, Ryan said supply improved steadily toward the end of 2022. Sony announced it passed 25 million units sold in November 2022, and presumably sold about five million more consoles in December 2022 alone.
"We truly appreciate the support and the patience of the PlayStation community as we managed unprecedented demand amid global challenges over the past two years," Ryan said.
However, as of Thursday at noon, PlayStation 5 consoles are still out of stock at BestBuy and most GameStop stores.
Amazon lists the console as "available by invitation" and includes a disclaimer that the item is in high-demand and has limited quantities. The last wave of invitations went out on Dec. 30, 2022.
veryGood! (298)
Related
- Trump's 'stop
- Hailey Bieber Reveals Why She and Justin Bieber Rarely Coordinate Their Outfits
- Tennessee GOP is willing to reject millions in funding, if it avoids complying with federal strings
- 'I always knew I'd win big': Virginia woman wins $900,000 online instant game jackpot
- Trump issues order to ban transgender troops from serving openly in the military
- Taylor Swift and Travis Kelce's Winning Date Nights Continue in Kansas City
- Israeli hostage released says she was kept in tunnels under Gaza
- California regulators suspend recently approved San Francisco robotaxi service for safety reasons
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Autoworkers strike cuts into GM earnings, company sees further loses if walkouts linger
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- 8-year-old boy and his pregnant mom held at gunpoint by police over mistaken identity
- Myanmar reinstates family visits to prisoners to end a ban started during the pandemic
- If Michigan's alleged sign-stealing is as bad as it looks, Wolverines will pay a big price
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- South Carolina prosecutors want legislators who are lawyers off a judicial screening committee
- South Carolina prosecutors want legislators who are lawyers off a judicial screening committee
- Blink-182 announces 2024 tour dates in 30 cities across North America: See the list
Recommendation
New data highlights 'achievement gap' for students in the US
Fountain electrocution: 1 dead, 4 injured at Florida shopping complex
Meadows granted immunity, tells Smith he warned Trump about 2020 claims: Sources
1 killed, 4 injured in fountain electrocution incident at Florida shopping center
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
South Carolina prosecutors want legislators who are lawyers off a judicial screening committee
McDonald's giving away free fries every Friday through the end of 2023: How to get yours
Jenna Ellis, Trump campaign legal adviser in 2020, pleads guilty in Georgia election case