Current:Home > FinanceSony says its PlayStation 5 shortage is finally over, but it's still hard to buy -Mastery Money Tools
Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
View
Date:2025-04-11 18:01:40
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! (985)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- The Parkland school massacre will be reenacted, with gunfire, in lawsuit against sheriff’s deputy
- An end in sight for Hollywood's writers strike? Sides to meet for the first time in 3 months
- Swaths of the US are living through a brutal summer. It’s a climate wake-up call for many
- Buckingham Palace staff under investigation for 'bar brawl'
- Ex-NFL cornerback Damon Arnette must appear in court for plea deal in felony gun case, judge says
- SOS! Here's how to set your phone's emergency settings and why it may be a life-saver
- Donna Mills on the best moment of my entire life
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- How to watch Lollapalooza: Billie Eilish and others to appear on live stream starting Thursday
Ranking
- A South Texas lawmaker’s 15
- Morocco makes more World Cup history by reaching knockout round with win against Colombia
- Lindsay Lohan shares post-baby body selfie: 'I'm not a regular mom, I'm a postpartum mom'
- US Supreme Court Justice Jackson to speak at church bombing anniversary in Birmingham
- Sonya Massey's father decries possible release of former deputy charged with her death
- Lionel Messi scores 2 goals, overcomes yellow card and jaw injury as Inter Miami wins
- Police officer in South Carolina killed by Amtrak train while rescuing someone who called 911
- Why Will Smith Regrets Pushing Daughter Willow Smith Into Show Business as a Kid
Recommendation
Meta releases AI model to enhance Metaverse experience
Horoscopes Today, August 2, 2023
Kyle Richards’ Amazon Finds Include a Pick From an Iconic Real Housewives of Beverly Hills Moment
Man is charged with cheating Home Depot stores out of $300,000 with door-return scam
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Mortgage rates tick higher: 30-year, fixed home loan is at 6.90%; 15-year at 6.25%
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
Lizzo’s Former Creative Director and Documentary Filmmaker Speak Out Against Singer