Why are Playstations still hard to get?

The reason? The ongoing chip shortage — yep, that's still a major issue — and shipping delays across the global supply chain. And based on Sony's decision to cut its PS5 shipments forecast by some 3.3 million units in fiscal year 2022, it's not going to get easier to snag a console soon.

Why is there still a shortage of PS5?

In a financial presentation last night, Sony exec Jim Ryan noted that, despite a strong launch, PS5 sales were lagging behind PS4 in its equivalent second year owing to supply constraints. Those supply constraints are due to both the Covid pandemic and Russia's war in Ukraine, but remain a top priority for Sony.

Why is it so hard to find a PS5 right now?

If you're wondering why the PS5 is so hard to get for us non-famous folk, in short, it's because of the pandemic-induced global chip shortage — and an increased demand for entertainment tech for those who were stuck at home for the better part of two years.

Why are Playstations sold out?

Its quick rise to popularity amidst the Covid-19 pandemic though meant one thing: the PlayStation 5 was consistently sold out as supply chain issues kept Sony from keeping its supply up with the ever-increasing demand.

Why is it so hard to get a PS4?

The lack of PS4s can likely be chalked up to the same reason why it's near impossible to get a PS5 or Xbox Series X: the global chip shortage. Thanks to the coronavirus pandemic, production on chips has slowed down drastically.

Why the PlayStation 5 is still hard to get

Why are PS4 sold out 2021?

According to a new report from Bloomberg, Sony has extended production of its PlayStation 4 console. This is due to component constraints leading to PS5 shortages. The report claims that Sony originally planned to discontinue the production of PS4 last year.

Is there a shortage of PS4 consoles?

It's plans never changed. Sony has denied reports that it is extending production of PS4 consoles to due to the shortage of PS5 consoles. The denial comes on the heels of a Bloomberg report which claimed Sony had originally planned to end PS4 production in 2021.

Is it still hard to get a PS5 2022?

Sony Will Sell Fewer PlayStation 5 Consoles in 2022 Due to Chip Shortage. It has been almost impossible to get your hands on a next-gen game console since their launch in late 2020, and you should not expect things to get better anytime soon.

How long will there be PS5 shortages?

And while one would assume that the stock of the PS5 would only get better over time, it sounds like this might not end up being true after all. Speaking to CNBC recently, Intel CEO Pat Gelsinger has made clear that PS5 shortages could continue all the way into 2024.

What is Sony doing about PS5 scalpers?

Sony Japan has reportedly found an interesting yet simple way to deal with PS5 scalpers. According to an article published by Yahoo Japan, the company is asking retailers to break PS5 box seals in front of customers, thereby ensuring any potential scalpers won't be able to sell them as a “new” item.

Why are PS5 still sold out 2022?

The first is the most obvious: The system is really popular. Sony says the PS5 is its best-selling console and has already sold more than 13 million units since launch. The second reason is the current chip shortage impacting most of the world's electronics.

Will I ever be able to buy a PS5?

Demand for the PS5 has exceeded supply, leaving many unable to purchase a next-gen console. Sony has suggested that it will be making more units in 2021, having secured additional component inventory from some of its key manufacturing partners.

Is Sony making more PS5?

TOKYO, May 26 (Reuters) - Sony Group Corp (6758. T) said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled a radical broadening of its games portfolio including more titles on PC and mobile.

How long before PS5 is readily available?

In an analyst call (via Eurogamer), Sony CFO Hiroki Totoki addressed the shortage of PS5 consoles in 2022. He said: “The ongoing chip shortages and logistics confusion will keep affecting PlayStation 5 production”.

Is Sony going to increase PS5 stock?

Sony recently reported its 2021 earnings, which appear to have fallen short of industry expectations. And analysts are predicting that in order to boost profits, Sony is likely to increase production of the elusive PS5.

How long will console shortage last?

The console shortages of the last few years are all down to the global chip shortage, which has already been predicted to last until well into 2023.

Is PS5 shortage getting better?

He commented in a briefing call with investors (translated by VGC) that the PS5 stock is still in very short supply, saying that the company originally planned on producing 22.6 million consoles by this point of the system's life cycle but reduced the target to 18 million due to component constraints.

How often does GameStop restock PS5?

GameStop usually does restocks on Tuesdays at 11am EST/8am PST. Last time it was at 11am ET, so it's important to get that Twitter alert ?, especially I can usually send it out 90 minutes before the actual GameStop PS5 restock. GameStop is your best bet to get a console in 2021.

Why are PS4 out of stock?

According to the report, an internal plan had projected an end to the production of the system in 2021, but the ongoing shortages will cause the company to build about a million PS4s in 2022, according to sources.

Is PS4 being discontinued?

With the PlayStation 5 still hard to find at retail amid worldwide semiconductor shortages, Sony has canceled plans to discontinue the PS4, extending the system's life through 2022.

Is there a Playstation shortage?

PS5 stock shortage was previously expected to last until 2023. Sony has made no secret of the fact that it's struggling with PS5 supply and has repeatedly warned investors that PS5 sales are falling below PS4 sales in a comparable time period during the consoles' lifecycles.

Will PS5 be back in stock 2021?

Demand for the PS5 has exceeded supply, leaving many unable to purchase a next-gen console. Sony has suggested that it will be making more units in 2021, having secured additional component inventory from some of its key manufacturing partners.

Are more ps4s being made?

According to a Bloomberg report, an unnamed source confirmed Sony will continue production for the PS4 until 2022. While Sony never officially announced its plans to discontinue production of the PS4, it stopped production of most PS4 models at the start of 2021, in Japan.

How do I get notified when PS5 restocks?

The tech reporter tweets every time new PS5 stock is available at any US store. Other helpful accounts to follow to get PS5 stock notifications are @PS5StockAlerts for the US and @PS5stock for the UK.