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CFO REVIEW

Most Anticipated Sony PlayStation 5 Supply Constraints May Spill Into 2022, Says CFO

Most Anticipated Sony PlayStation 5 Supply Constraints May Spill Into 2022, Says CFO
The Silicon Review
17 May, 2021

Sony PlayStation (PS) 5 is yet to be launched and is one of the hardest things to get your hand in this tech savvy world. Now, according to the company’s CFO Hiroki Totoki, it won’t get any easier in the coming times. The Sony CFO stated that Sony will not supply PlayStation 5 any time soon. He also shared the company’s recent earnings report. Totoki said that it is difficult for Sony to keep up with the demand for the PS5, and that the situation is likely to continue into 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," Totoki stated in a recent press meet. Totoki further added that the company has sold more than 100 million units of the PlayStation 4 and considering the company’s market share, it can’t imagine the demand dropping easily or soon.

Hiroki Totoki said that the company is focusing on producing at least 14.8 million PS5 consoles by the end of 2021, after having sold 7.8 million units till March 31. He said that the company has already sold 14.8 million PlayStation 4 consoles in its first fiscal year, hinting at the demand for the PlayStation 5 being significantly higher.

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