Current:Home > InvestSony says its PlayStation 5 shortage is finally over, but it's still hard to buy -EliteFunds
Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
View
Date:2025-04-13 05:38:36
Sony announced that its PlayStation 5 shortage is essentially 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! (2558)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Fantasy football buy low, sell high: 10 trade targets for Week 4
- Damar Hamlin gets first career interception in Bills' MNF game vs. Jaguars
- Motel 6 owner Blackstone sells chain to Indian hotel startup for $525 million
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Runaway cockatiel missing for days found in unlikely haven: A humane society CEO's backyard
- When does 'The Masked Singer' Season 12 start? Premiere date, time, where to watch and stream
- Dick Van Dyke Speaks Out After Canceling Public Appearances
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Severe obesity is on the rise in the US
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- There are 5 executions set over a week’s span in the US. That’s the most in decades
- Boy Meets World's Trina McGee Shares She Experienced a Miscarriage
- 'I Know What You Did Last Summer' sequel casts Freddie Prinze Jr.: What we know so far
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- You may not know about the life of undefeated Mercury Morris. But you should.
- Why playing it too safe with retirement savings could be a mistake
- Why playing it too safe with retirement savings could be a mistake
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Texas death row inmate Travis Mullis, 'consumed by shame and madness,' killed baby son
Motel 6 owner Blackstone sells chain to Indian hotel startup for $525 million
Texas man set to be executed for killing his infant son
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
NFL Week 3 winners, losers: Texans, 49ers dealt sizable setbacks
Jennifer Aniston’s Ex Brad Pitt Reunites With Courteney Cox for Rare Appearance Together
Llewellyn Langston – Co-Founder of Angel Dreamer Wealth Society