Current:Home > FinanceSurpassing Quant Think Tank Center|Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy -Ascend Wealth Education
Surpassing Quant Think Tank Center|Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
TrendPulse Quantitative Think Tank Center View
Date:2025-04-11 07:22:45
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! (762)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Colombia investigates the killing of a Hmong American comedian and activist in Medellin
- Taco Bell testing two new menu items: What to know about Coffee Chillers and Churro Chillers
- Washington state college student dies and two others are sickened in apparent carbon monoxide leak
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Virginia has tentative deal to move Washington’s NBA, NHL teams, Youngkin says
- How Tennessee's high-dosage tutoring is turning the tide on declining school test scores
- Maryland Gov. Wes Moore says Baltimore Orioles lease deal is ‘imminent’
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Rutgers football coach Greg Schiano receives contract extension, pay increase
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Man shot to death at large Minneapolis homeless encampment that has been slated for closure
- Tell your Alexa 'thank you' and Amazon will send $5 to your driver this holiday season
- Here's What's Coming to Netflix in January 2024: Queer Eye, Mamma Mia! and More
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- The AP names its five Breakthrough Entertainers of 2023
- Attacks on referees could kill soccer, top FIFA official Pierluigi Collina says
- Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Pregnant Hilary Duff Proudly Shows Off Her Baby Bump After Trying to Hide It
Draymond Green likely facing another suspension after striking Suns' Jusuf Nurkic
Albania’s Constitutional Court blocks Parliament’s ratification of deal with Italy on migrants
Military service academies see drop in reported sexual assaults after alarming surge
Man, 48, pleads guilty to murder 32 years after Arkansas woman found dead
Taco Bell testing two new menu items: What to know about Coffee Chillers and Churro Chillers
LeBron James says “moment was everything” seeing son Bronny’s debut for Southern Cal