PlayStation 5 is all Sold Out until 2021
It appears that Sony’s PlayStation 5 supply issues won’t be letting up anytime soon.
From the years of waiting, lofty sales projections, to the overwhelming frenzy when pre-orders finally opened. By all these indications, this outcome was simply inevitable. And now, Sony’s CEO Jim Ryan has confirmed every gamer fears. The PlayStation 5 has been sold out with no substantial availabilities until next year.
“Absolutely everything is sold,” Ryan says. “I’ve spent much of the last year trying to be sure that we can generate enough demand for the product. In terms of my executive bandwidth, I’m spending a lot more time on trying to increase supply to meet that demand.”
COVID-19 also certainly hasn’t done Sony any favours. Ryan further explains how the global pandemic has hindered the PlayStation 5 full-scale launch.
“Of all the things that I’ve learned this year, one is that I wouldn’t plan on doing another big console launch in the midst of a global pandemic, and I wouldn’t recommend it to anybody else.”
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“It’s been difficult, it’s been challenging from the production side, not being able to get anybody into the factories in Asia. Before we started production, we had to do all the manufacturing preparation by camera remotely. I mean, just imagine that for a precision device like the PlayStation 5.”
Reassurance for PlayStation 4 Owners
According to Techradar, an extremely limited number of units may appear on Black Friday. Although based on recent history, that doesn’t exactly guarantee anything. The good news? Ryan also provided some reassurances for those who decide/are forced to stick with the PlayStation 4.
“There are around 114 million PlayStation 4s in the world, the number of those who transfer if you keep that in mind is a small number. But for us, the PlayStation 4 community is going to remain incredibly important certainly for 2020, 2021, and 2022. Because in those three years, that will be the larger PlayStation community.”