Current:Home > MySony says its PlayStation 5 shortage is finally over, but it's still hard to buy -WealthRise Academy
Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 02:02:02
Sony announced that its PlayStation 5 shortage is essentially 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! (822)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Student loan repayments will restart soon. What happens if you don't pay?
- Man arrested in shooting death of 9-year-old in Chicago, police say
- 'A full-time job': Oregon mom's record-setting breastmilk production helps kids worldwide
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Man fatally shoots 8-year-old Chicago girl, gunman shot in struggle over weapon, police say
- Man injured by grizzly bear while working in Wyoming forest
- Only 1 in 5 people with opioid addiction get the medications to treat it, study finds
- Highlights from Trump’s interview with Time magazine
- ACC explores adding Stanford and Cal; AAC, Mountain West also in mix for Pac-12 schools
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Severe weather sweeps east, knocking out power to more than 1 million and canceling flights
- Tyson Foods closing plants: 4 more facilities to shutter in 2024
- Kate Spade 24-Hour Flash Deal: Get This $300 Tote Bag for Just $69
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Worker injured as explosion at Texas paint plant sends fireballs into sky
- There's money in Magic: The booming business of rare game cards
- Have we reached tipping fatigue? Bars to coffee shops to carryouts solicit consumers
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Horoscopes Today, August 7, 2023
Pope Francis restates church is for everyone, including LGBTQ+ people
Summer heat can be more extreme for people with diabetes
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Swarms of birds will fly over the US soon. Explore BirdCast's new migration tool to help you prepare.
Funeral planned in Philadelphia for O’Shae Sibley, who was killed in confrontation over dancing
Pet alligator in 'deplorable' state rescued by landscapers from creek in Pennsylvania