Kuala Lumpur, Malaysia - May 2021. Playstation 5, the next generation gaming console from Sony
Gaming - News
The PlayStation 5 has been on the market for more than a year and a half, but this console has been notoriously difficult to get a hold of. Some big stock shortages and global events have kept the company from being able to produce the supply needed for the enormous demand for the new console.
Desperate fans have had to glue their eyes to the internet searching for the latest restock information, but all of this waiting may come to an end, as a recent investor presentation revealed good news for the PS5 but a sad reality for the PS4. In the presentation, Sony executive Jim Ryan pointed out that, during an impressive launch window, the PS5 outsold its predecessor.
After the launch, PS5 sales lagged behind the PS4, due to factors like the pandemic and a severe component shortage, but with some careful mitigation measures in place, Sony aims to hit a more stable level of PS5 stock by 2024. They hope to once again outsell the PS4, which would be an impressive feat, seeing as how PS5 sales were 3.3 million behind initially projected numbers.
Waiting until 2024 for more stable stock might not sound ideal for fans that have already been waiting so long, but due to the rumor of a PS5 Pro being released, it may be the best course of action to wait. If a new model of the PS5 is revealed by the time stock stabilizes, the base PS5 might become more affordable.