Chip shortages? What are those? Sony apparently has no idea because despite the global chip shortage continuing, PS5s are still flying off the shelves. Even with the shortage expected to now last until 2024, Sony is extremely optimistic about its projections for the PS5.
Sony misses its target for PS5 consoles shipped
Sony is certainly going through a lot of PS5 units. With its lifetime sales total being an impressive number all things considered. Still, Sony did state that it missed its target number for consoles shipped this fiscal year by about 3.3 million units. Signifying that Sony is still being impacted by supply issues. The company expects the supply to improve through the next fiscal year. But recent speculation has suggested the chip shortage could continue through 2023. If that’s the case, then Sony’s supply chain woes for the PS5 probably won’t be over. And consumers would still potentially have issues getting a hold of one. Sony also saw a decrease in subscription services. With reported numbers of current PlayStation Plus subscribers dropping from 47.6 million in March of 2021 to 47.4 million this year. Sony isn’t seeing a drop in all aspects of gaming though. It saw a big bump with game sales. The company reports that it almost doubled the number of game sales across both the PS4 and PS5 year-over-year. At the end of the day, consumers should expect there to be more supply of the PS5 going forward. At least compared to the last 12 months. That may still result in it being a challenge to buy, but less so. Which is an improvement for consumers no matter how you slice it.
