Will PS5 shortage end in 2022?

2022 PS5 Shortages Aren't Ending Anytime Soon

In its 3rd quarter financials report, Sony expressed concern for chip shortages that have plagued the industry since the onset of the COVID-19 Pandemic. Sony is officially dropping its PS5 sales forecast from 14.8 million units to 11.5 million units.

Is the PS5 still hard to get 2022?

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.

How long will PS5 shortages last?

Here's some news that may give you a sigh of relief: Sony projects that it will sell 18 million consoles worldwide during this fiscal year, which runs through March 31, 2023 — a sign that the shortage of the PS5 may be coming to an end.

Will I get a PS5 in 2022?

The company is forecasting PS5 sales of 18 million this fiscal year, which is up dramatically, and that could mean the supply issues are getting better. If you've been looking for a PlayStation 5 but haven't been able to get one, 2022 could be your year.

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.

When the PlayStation 5 Shortage Will End

Will the PS5 be available in 2023?

An official presentation in Poland by TV manufacturer TCL Technology suggests that the PS5 Pro will release in “2023/4.” According to a slide in the presentation, the company projects that the mid-gen PS5 console upgrade will arrive alongside a new Xbox Series S/X console too as part of what it calls console “Gen 9.5.”

Why is Sony not producing enough PS5?

Another reason is shipping delays which affect supply chains. This means some key components necessary for PS5 production are stuck in transit for long periods. All of this was brought on by the COVID-19 pandemic, which affected businesses and industries worldwide.

How much is a PS5 in 2022?

If you're looking to buy a PlayStation 5 in spring 2022, brace your wallet: It will cost you $499.99 for the PlayStation 5 Console (including one Dualsense Wireless controller), plus sales tax (depending on where you live).

Is it still hard to get a PS5?

Despite the PS5 approaching its two-year anniversary in November, PS5 stock is still hard to find thanks to high demand and supply problems caused by the ongoing global semiconductor shortage.

Will there be a PS6?

Since the PS5 became available in November 2020, it likely won't be until the same month, in 2026 or 2027, we see a PlayStation 6. Just in time for holiday shopping! In the meantime, if Sony follows the PS4's release schedule, we'll see a PS5 Pro or Slim before the PS6, maybe around 2023.

How long until PS5 stock is normal?

The PS5 remains a scarce resource in 2022. But why is this so? Bad news for the people who haven't gotten a PlayStation 5 yet: Sony confirmed that the stock shortages would continue throughout 2022.

Will PS5 ever have enough stock?

Sony's PS5 production woes look set to continue for quite some time yet, based on what Intel CEO Pat Gelsinger has said about the ongoing chip shortages.

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”.

How many PS5s have been sold?

Sony has now sold over 19 million PS5s.

Why can I not buy a PS5?

Manufacturing and shipping timelines were stretched, and demand has outstripped supply – it's been seven years since a major Sony console launch. So Covid-19 has a lot to do with why you can't find PS5 in stock today. Things didn't get off to a running start for a product everyone wanted so badly.

Is Sony a buy or sell?

We rate SONY as a buy with a price target for the year ahead of $130.00 which represents a 22x forward P/E multiple on the current 2022 consensus EPS which is in line with management guidance.

How much is a PS1?

Consoles on their own tend to sell for around $23, while bundles with games can go for anywhere up to $875. New and sealed PS1 consoles are hard to come by. In Japan, they tend to cost around $375 dollars (US), but the cost rockets to around $899 in the United States.

Why is PS5 out of stock?

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.

Will the PS5 drop in price?

Given the strides in GPU development and the inevitable cost-cutting Sony has arranged, the PS5 is a fair bit cheaper than that. Plus, the cost for future models will keep going down as the company figures out manufacturing tricks to lower the price of production.

Will Sony make more PS5 consoles?

A reliable video report by gaming analyst RedGamingTech suggests that Sony is readying a more powerful version of the PS5 for a late 2023 or early-to-mid 2024 release.

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.

Are more ps5s being made?

Sony's 2023 fiscal year ends in March 2024, which means that PS5 should start to match PS4 production levels sometime within the next year. "Beyond that," Ryan says, "we're planning for heavy further increases in console production, taking us to production levels that we've never achieved before."

Will there be a PS5 slim?

There's no official release date announced at the time of writing, in fact Sony hasn't even confirmed it will release a PS5 Slim. But, as this has been the pattern since the first PlayStation launched, we think it's very likely indeed.