Xbox CFO Expects Supply Chain Issues to Continue Through the 2022 Holiday Season - News
by William D'Angelo , posted on 16 June 2022 / 2,019 Views
Xbox CFO Tim Stuart in an investor call hosted by financial services company Baird and reported by GamesIndustry says he expects the supply chain issues to continue through the 2022 Holiday season.
"The supply chain environment could remain rocky through 2022 and the Holiday season," said Stuart. He added the issues have been impacted by the lockdowns in China.
Stuart said limited parts are causing issues with manufacturers and "elevated logistics pricing pressuring margins." The limited parts he says "favor Series S consoles."
The supply chain issues have also hit Sony where it had to lower its forecast of the PlayStation 5 from 22.6 down to 18 million units for the fiscal year ending March 31, 2023. 18 million is an increase over the 11.5 million PS5 consoles shipped in the previous fiscal year that ended March 31, 2022.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
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In other news, water is wet. It's gonna take until 2023 at least to walk into a store and get a Series X. It will probably take until 2023 or 2024 to walk into a store and get a PS5.
Series S is more obtainable, but still takes some planning a lot of the time.
Now tell us something we don't know.
This is no surprise. The holiday season will have higher demand and capacity for higher production is just not available. For it to be widely available this holiday it would likely have to at least double production in the months before.
Really hmmm over here well where I am in the south of the UK I can go from smyths to Argos n collect one right now n even smyths shows there is stock in every store
South of UK is not representative of the Global Supply Chain. In the US,, for example, I cannot even order one from Amazon, let alone walk into a retail chain and buy one off the shelf.
In Canada I not only can't reliably get a Series X, I can't even reliably get a Series S! So it's definitely a different story, region by region.
Some retailers (Microsoft store, EB Games) have managed to start having the Series X in-stock for over a week now... So the supply chain is healing, but still hasn't healed fully yet.
Will take another couple of years for most of the supply issues to be completely resolved.
Microsoft/Sony/Nintendo will also prioritize regions over others in their supply chain, so some places will seem like they have more stock than other regions, when that isn't the case, that region just may not be as big of a seller on a per-capita basis.
