Why is Sony Not Releasing New Playstation PS5 Stock?
PS5 Fans Have Largely Been Left Frustrated Since Sony Playstation 5 Was Released In November Last Year And Quickly Snapped Up.
PS5 Fans Have Largely Been Left Frustrated Since Sony Playstation 5 Was Released In November Last Year And Quickly Snapped Up, with the firm apparently not releasing new stock.
Why is Sony not releasing new PS5 stock?
PS5 demand is extremely high, meaning any sites lucky enough to receive sony PS5 stock are instantly overwhelmed by keen customers. UK retailers such as GAME, Amazon, Currys and John Lewis have all, at the time of writing, exhausted precious PlayStation 5 stock. And the situation is apparently the same in the US, with Amazon, Walmart and Target said to be releasing only relatively small numbers of consoles that immediately sell out.
Exactly how stock is being supplied to these companies remains a mystery, leading many to ask what is going on. Piers Harding-Rolls, a games industry expert and head of Ampere Analysis, said last year: “PS5 launch supply has been front-loaded significantly more than the PS4 generation. “Things have been exacerbated by the higher demand due to the larger install base of active PlayStation users before launch and the general increase in interest in gaming over 2020.”
Mr Harding-Rolls added adding a key contributing factor was re-order was PS5 demand had been “big”. The Ampere Analysis head added how he anticipates demand will continue exceeding manufacture Sony’s ability to supply the PS5 “for at least a few months into 2021.” He said in a statement: ”The forecast is for 8.5 million shipments by the end of March 2021, meaning we will see more product come to the market at different times over the next few months.”
Sony PlayStation’s Jim Ryan appeared to confirm the lack availability of PS5 units, saying just after the PlayStation 5 release: “Everything is sold.” Video Games Chronicle has reported Sony has claimed it intends to have sold more than 7.6 million units by the end of fiscal year – which concludes on March 31, 2021. A worldwide PS5 shortage has also been attributed to a shortage of the console’s chips. This issue has reportedly been compounded by distribution and manufacturing issues aggravated by the coronavirus pandemic.
This news was originally published at Express.