Why is Sony struggling selling PS5?

In its latest earnings report it confirmed that it has sold 17.3 million units of the PS5, a healthy figure that's nonetheless 3.3 million behind the huge 20.2 million that the PS4 had sold by the same time on the market. With demand still surging, it's a supply issue that's caused the shortfall.

Why is Sony making a loss on PS5?

PS5 hits 25 million, but Sony gaming profits fall 49% due to rising costs.

Why is there still a shortage of PS5?

What Caused the PS5 Shortage? There were a number of factors that contributed to the PS5 Shortage. One of the biggest factors was the global semiconductor chip shortage. The pandemic restrictions meant semiconductor manufacturers had fewer workers.

What is the problem with PS5?

This is due to an apparent design flaw related to the liquid metal layer between the PlayStation 5's APU chip and heat sink. The liquid metal is prone to leaking when the PS5 is left sitting upright for an extended period. When users stand the PS5 vertically, liquid metal may start to move or seep out.

Is PS5 shortage getting better?

In Sony's press conference, Ryan said supply improved steadily toward the end of 2022. Sony announced it passed 25 million units sold in November 2022, and presumably sold about five million more consoles in December 2022 alone.

Why Sony Is Struggling To Sell You a PS5 - IGN Daily Fix

Is a PS5 Pro coming?

Some rumours have suggested that the PS5 Pro will launch as early as June 2023. But given the stock issues of the original PS5, many are predicting a more conservative release date of late 2023.

Will PS5 ever be more available?

Despite this, the tech industry is dealing with semiconductor shortages that have made manufacturing devices like the PS5 much more difficult, and some estimate this shortage will last well into 2023 (and possibly 2024). So just how available the console will be in the coming months remains to be seen.

Is the PS5 shortage officially over?

amers, rejoice: the PS5 shortage is officially over! That's according to Sony Interactive Entertainment's CEO, Jim Ryan, who shared the news during the company's CES presentation. “Everyone who wants a PS5 should have a much easier time finding one at retailers globally, starting from this point forward,” Ryan said.

Why are PS5's still sold out 2023?

Since its launch, PS5 consoles have been incredibly hard to come by because of a global semiconductor chip shortage. Sony's made multiple statements about increasing its supplies over the years, but this one is the most optimistic yet.

What is Sony going to do about PS5 scalpers?

Fortunately, Sony has come up with a new incentive that could finally put a dent in scalpers' wallets once and for all. Yahoo! Japan (via Push Square) reports that Sony is currently working with Japanese retailers to produce and distribute what are, effectively, anti-scalper seals.

Does Sony lose money on every PS5 sold?

However, operating profit rose 12.1 percent to $810 million, because Sony actually loses money on each PS5 console sold. Sony CFO Hiroki Totoki said in an analyst webcast that people want to buy PS5 consoles, but partners can't supply components due to the ongoing chip shortage.

Is Sony making profit on PS5?

The increase in PS5 console sales is part of the reason Sony has increased its year-end operating profit forecasts to 1.18 trillion yen (around $9.1 billion), up from 1.16 trillion yen previously, Nikkei notes.

How often does Walmart get PS5's?

Walmart usually restocks the Sony console every month (and sometimes every other month to increase supply).

How long will the PS5 last?

Couple this with console generations typically lasting six-to-seven years on average, and that would be roughly half of the PS5's life gone with so much potential only hinted at.

Will there be a PS6?

The launch of the PS6 is highly anticipated, despite it only being three years since the launch of the PS5, but just like most consoles, it's likely that Sony is looking ahead to the successor already.

Will PS5 always be hard to get?

Though PS5 stock shortages have been an issue since the console's release, Sony says inventory should be much easier to come by in 2023.

How many times will the PS5 restock?

PS5 at GameStop

The consoles are often sold as part of bundles. The retailer typically restocks the PS5 once a month, generally on a weekend.

Is a PS5 Slim coming out?

If Sony follows the same timetable, we could see a PS5 Slim and/or PS5 Pro in late 2023. And, to be completist, the 2004 PS2 Slim followed the 2000 PlayStation 2 and the 2000 PSOne followed the 1994/5 original PlayStation.

Is ps6 coming out before PS5?

Lifewire's Release Date Estimate

Since the PS5 became available in November 2020, it likely won't be until the same month, in 2026 or 2027 (or possibly even 2028), we see a PlayStation 6. Just in time for holiday shopping!

How much will PS5 Slim cost?

Following the same, we can expect $100 less pricing than the regular PlayStation 5. So, as the retail price for the PS5 is $499.99, the pricing for the PS5 Slim should be $399.99 at the time of release.

Is PS5 worth it?

Now more than ever, Sony's latest console is worth your investment and there has never been a better time to upgrade. Everything about the PS5 screams next-gen. From its outlandish but sleek design, comfortable DualSense controller, and stellar 4K graphics, the PS5 is a major upgrade over the PS4.

Is the PS5 coming back to Walmart?

Walmart just announced that it will be restocking PS5 console sand bundles this week. Naturally, supply is limited and the consoles will be made available in batches. The first PS5 restock will go live on Monday, November 21 at 12:00 p.m. ET.

Why is Walmart charging so much for PS5?

In both instances the console isn't coming from Walmart itself. Instead, the listings are from third-party sellers, who've been able to list products on the Walmart website for quite some time. These are listings that sellers can set the price for, hence the horrific price tags.

How much money is Sony losing on PS5?

Sony shares are down about 13% since the beginning of the year with about $25.71 billion of value wiped off the company, according to Refinitiv data. The Japanese giant cut its full-year sales target for the PS5 from from 14.8 million units to 11.5 million units as the global chip shortage has hit production.