PS5 shortages will continue until next year according to Sony

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Sony's CFO expects PS5 stock to be scarce until 2022

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(Image credit: Future)

PS5 shortages will likely continue until next year, Sony has reportedly told analysts.

As first reported earlier today by Bloomberg, Sony CFO Hiroki Totoki has apparently told analysts that PS5 shortages are expected until at least next year in 2022. "I don’t think demand is calming down this year and even if we secure a lot more devices and produce many more units of the PlayStation 5 next year, our supply wouldn’t be able to catch up with demand," the CFO said in a meeting.

Of course, there's been no shortage of past comments from Sony, or other related manufacturers, on predicted PS5 shortages. Last month in April, PlayStation boss Jim Ryan was reportedly asking Sony's manufacturing partners to increase production of PS5 units, in an attempt to get more stock into stores by the end of this year at the latest.

Despite all this, and as well as facing supply issues since launch last year in November 2020, the PS5 still managed to become the fastest-selling console in US history. This is in terms of both unit and dollar sales, as Sony's next-gen console has continually outpaced both the Xbox Series X and Xbox Series S over the last six months. Just imagine how successful the PS5 could have been had it not been significantly impacted by the COVID-19 pandemic.

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Hirun Cryer
Hirun Cryer

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, practices Japanese, and enjoys contemporary manga and anime.