Sony Working to Have More PS5 Supply for the Holidays - Sales
by William D'Angelo , posted on 01 August 2022 / 3,388 Views
Sony three months ago forecasted it would ship 18 million PS5 consoles for the current fiscal year, which runs from April 2022 to March 2023. In its latest earnings report for the quarter ending June 2022 Sony's forecast has remained unchanged.
Sony is working to improve the supply of components and looking to ship more PS5 consoles during this year's holiday season.
"At this point in time, we have made no change to our 18 million unit sales forecast for PS5 hardware in FY22," reads the report from Sony.
"But since we are seeing a recovery from the impact of the lockdown in Shanghai and a significant improvement in the supply of components, we are working to bring-forward more supply into the year-end holiday selling season."
Sony announced it shipped 2.4 million PS5 consoles for the quarter ending June 2022 to bring lifetime shipment totals to 21.7 million units.
For reference, the PlayStation 4 had shipped 2.9 million units in the same quarter for a lifetime total of 25.3 million units shipped as of June 30, 2015. This puts the PS5 behind shipped PS4 units by 3.6 million units.
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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It would be newsworthy if they said they aren't working to have more supply.
isn't every console manufacturer always making more consoles for holiday season?
pushing China to work harder!!!
I wonder if PS5 will sell more than Switch next year.
Yes, but the real question is by how much
In 2023? I'd certainly think so, considering that Sony should be experiencing their first year with adequate supply, and Switch will be in its 7th year.
Things are going to get very interesting by the end of the year.
Pls release some more so people can experience the pawah!
Good, last years holiday quarter was a disaster with only 3.9m shipped. This holiday Sony should be aiming for 8m to 9m to meet their 18m FY target
When will this shortage end? Its really crippling sales, and stopping any chances of a price drop in the future.
We're experiencing a pretty significant price drop in real terms, considering the rate of inflation. The nominal price isn't going down, but by not going up, it's actually getting cheaper.
Prices will be going up next year
