Current:Home > ScamsSurpassing Quant Think Tank Center|Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy -WealthMindset Learning
Surpassing Quant Think Tank Center|Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-08 14:03:31
Sony announced that its PlayStation 5 shortage is Surpassing Quant Think Tank Centeressentially 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! (46)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Giannis Antetokoumpo staying in Milwaukee, agrees to three-year extension with Bucks
- See the wreckage from the 158-vehicle pileup near New Orleans; authorities blame 'superfog'
- Restock Alert: Good American's Size-Inclusive Diamond Life Collection Is Back!
- Questlove charts 50 years of SNL musical hits (and misses)
- A German tourist who went missing in a remote Zimbabwe wildlife park is found alive 3 days later
- Montana man investigated in disappearance of 14-year-old is arrested on child sex abuse charges
- Niners' Fred Warner's leaping tackle shows 'tush push' isn't always successful
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Forced labor concerns prompt US lawmakers to demand ban on seafood from two Chinese provinces
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- California regulators suspend recently approved San Francisco robotaxi service for safety reasons
- The 49ers are on a losing streak after falling to Vikings in another uncharacteristic performance
- 'The Voice': Gwen Stefani defeats Niall Horan in stealing Team Reba singer CORii
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Bernie Sanders will vote no on Biden's pick to lead NIH, but nomination may proceed
- Pham, Gurriel homer, Diamondbacks power past Phillies 5-1 to force NLCS Game 7
- 'Let Us Descend' follows a slave on a painful journey — finding some hope on the way
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Everything John Stamos Revealed About Mary-Kate Olsen and Ashley Olsen in His New Memoir
Danny Masterson asks judge to grant Bijou Phillips custody of their daughter amid divorce
Horoscopes Today, October 22, 2023
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Britney Spears Details the Heartbreaking Aftermath of Justin Timberlake’s Text Message Breakup
Candidate for Pennsylvania appeals court in November election struck by car while placing yard signs
Kurt Cobain's Daughter Frances Bean Marries Tony Hawk's Son Riley