Several analysts point out that the ongoing COVID-19 pandemic and the corresponding lockdowns have been a source of pain and grief to the production chain of many semiconductor producers and brands. This also includes brands within the automotive and smartphone industry. Sony, however, seems to be feeling optimistic about the future sales of the PS5. Jim Ryan, president and chief executive officer for Sony Interactive Entertainment, expects the current supply limitation for the consoles to get better throughout the year. However, Ryan fell short of providing a guarantee that Sony would have enough PS5 in stock to meet this year’s holiday sales season.
Since its launch last year, Sony sold a total of 4.5 million PS5s in November and December, and has plans to outperform the sales figure of its predecessor, the PS4. Of which it sold 14.9 million units in the first 12 months of its existence. By comparison, Nintendo sold 26 million units of its Switch console during the whole of 2020, while Microsoft sold just 2.8 million Xbox Series X and Series S consoles within the same November and December time frame last year. It also doesn’t help that demand for the PS5 is still running high and even worse, it’s a factor with no end in sight. On another note, Sony recently announced that a 2nd generation PSVR headset was in the works, although unsurprisingly, the announcement was lacking a great deal of detail. (Source: FT via Ars Technica) Axl Tan contributed to this article.
