NextSharkNextShark.com
Latest Newsletter🍵 Hawaii’s homeless desperationRead

Article

Sony says the PlayStation 5 shortage is over

sony ps5
via Sony – Global

    Asian America Daily - in under 5 minutes

    Get our collection of Asian America's most essential stories, to your inbox daily, for free!

    Unsure? Check out our Newsletter Archive

    Sony Interactive Entertainment CEO Jim Ryan has announced the PlayStation 5 (PS5) shortage is over.

    During their annual CES press conference, which was streamed on Wednesday, Ryan thanked those who have been waiting for a PS5. 

    “We truly appreciate the support and patience of the PlayStation community as we managed unprecedented demand amid global challenges over the past two years,” he expressed.

    “PS5 supply improved towards the end of last year,” the CEO stated, referring to the restock near the end of December. “I’m happy to share that December was the biggest month ever for PS5 console sales and that we’ve now sold more than 30 million units through to consumers worldwide,” he shared.

    “Everyone who wants a PS5 should have a much easier time finding one at retailers globally starting from this point forward.”

    In addition to easier access to PS5s, Sony also announced more “blockbuster games” for the console, including “Final Fantasy XVI,” “Hogwarts Legacy” and “Marvel’s Spider-Man 2.”

    The end of the PS5 shortage could allow the console to reach nine-digit sales figures like its predecessors.

    After its initial release on Nov. 12, 2020, the PlayStation 5 faced a shortage due to its high demand and a global chip shortage that impacted Sony and other electronic manufacturers. Although re-stocks gave buyers an opportunity to get their hands on the console, the sporadic nature of its availability at retailers continued to plague the console’s release.

    PSVR2, PlayStation’s virtual reality headset, is also set for release on Feb. 22 at an introductory price of $549.99.


    Related stories:

    Support our Journalism with a Contribution

    Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

    Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

    However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

    We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way.  Thank you for everyone's support. We love you all and can't appreciate you guys enough.

    Support NextShark

    Mastercard, Visa, Amex, Discover, Paypal