Forward-looking: If you're one of the many people, this writer included, still failing to secure a PS5, Sony feels your hurting, but the company previously warned that need could outweigh supply throughout 2022. However, Sony Interactive Amusement president and CEO Jim Ryan says he "hopes" the state of affairs will return to normal in the 2nd half of the year.

The PlayStation 5 is one of many products that take been frustratingly difficult to find in stock since launching late final year. The pandemic-induced unprecedented demand and chip shortages, combined with scalpers, accept ensured that buying one is a combination of luck and persistence.

Following the release of the company's financial results last calendar month, Sony Chief Financial Officer Hiroki Totoki warned that even if the firm could secure more components and boost PS5 production next twelvemonth, supply notwithstanding won't exist able to catch up with need. But Ryan has a more optimistic outlook. "Nosotros're working as hard as nosotros can to improve that situation," he told Wired.

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"We come across production ramping up over the summer and certainly into the second half of the yr, and we would promise to see some sort of render to normality in terms of the balance betwixt supply and demand during that period," Ryan added.

Sony revealed that seven.8 million PS5 units have already been sold, more than the PS4 managed during the aforementioned launch period. Nosotros don't know how many of these were bought but to be resold at a profit, though.

With warnings that the flake shortage will last well into next yr, Ryan could just be trying to appease angry fans more than than annihilation; the use of the word "promise" is pretty telling. He previously told the Financial Times that there was no guarantee of demand for the PS5 being met by the time the 2022 vacation season rolls around. Nonetheless, we can always hope.