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PlayStation Explains Why PS5 Stock Shortages Will Continue Into 2021

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PlayStation Explains Why PS5 Stock Shortages Will Continue Into 2021

It's safe to say that Sony has enjoyed a pretty successful console launch with the PlayStation 5 - for the most part. The company recently confirmed that it had managed to sell an impressive 4.5 million units in 2020, which is pretty much on pace with the number of PlayStation 4 consoles sold over seven years ago in the same period

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While this is obviously great for Sony, the company believes it could have done much better. Unfortunately, as we all know, it's been really struggling to meet the intense demand for PlayStation 5 consoles, an issue that has been compounded by scalpers consistently snapping up whatever little stock there is when it becomes available.

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For those who have been attempting to get a PS5 since November, it's a deeply frustrating situation. It's also one that doesn't look to be going away any time soon. Chief financial officer Hiroki Totoki said during the a recent earnings call (via Arstechnica) that it comes down to a lack of vital components needed to increase production and meet that demand.

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"It's difficult for us to increase production of the PS5 amid the shortage of semiconductors and other components," the CFO explained. "We have not been able to fully meet the high level of demand from customers [but] we continue to do everything in our power to ship as many units as possible to customers who are waiting for a PS5."

It's unclear how much longer these shortages will continue, but Totoki's comments suggest it could be a while yet before Sony is able to go properly full steam ahead with its plans.

PlayStation 5 / Credit: Sony Interactive Entertainment
PlayStation 5 / Credit: Sony Interactive Entertainment
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This is obviously a disappointing situation for Sony, who would clearly like to make and sell as many PlayStation 5 consoles as possible so as to transition its majority of players to the next generation as soon as possible. It's not exactly a picnic for those players, either, many of whom already have the means to pay for a brand-new PS5... and absolutely no way of purchasing one.

Featured Image Credit: Sony Interactive Entertainment

Topics: News, sony, PlayStation

Ewan Moore
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