Why is the PS5 still sold out?

Having sold 4.5 million PS5 consoles in 2020, Sony accounts for a portion of this sum. Despite a global pandemic and supply chain issues, Sony's sales were holding up quite well. However, these consoles weren't always ending up in gamers' hands. Another contributing factor to the PS5 shortage was scalpers.

Why is PS5 still always sold out?

Its quick rise to popularity amidst the Covid-19 pandemic though meant one thing: the PlayStation 5 was consistently sold out as supply chain issues kept Sony from keeping its supply up with the ever-increasing demand.

Why is PS5 stock still limited?

Major reason is global chip shortage. So companies are setting targets of units to be sold per year. So it's always out of stock or pre booked by retailers. If people are struggling financially due to COVID job losses, how come PS5, Xbox, and Nvidia preorders are flying off the shelves?

Will PS5 ever be readily available?

Stock is still a little unpredictable, but re-appearing faster than ever, and for the most part consoles are now available from all the usual retailers.

Will there be more PS5 in 2023?

The rumored release date of this smaller PS5 model is September 2023, which would line up perfectly with the predicted console sales figures listed above. This new model will allegedly come packing a detachable disc drive, which will allow it to be made thinner and lighter.

Why is PS5 Actually So Hard to Find and Buy

What is the PS5 expected lifespan?

PS5 will have at least seven-year shelf life as PS6 won't appear before 2027, says report.

How many years until PS5 is widely available?

After two years and change, Sony says the PS5 should be easier to find. If you or a loved one has been struggling to find a PlayStation 5 since its launch in 2020, Sony says the box should be easier to find in your store of choice in 2023.

How to get a PS5 in Canada?

How many PS5 are not being used?

Approximately 25% of all PS5 consoles in circulation have never been used.

Will there be a PS6?

Sony Apparently Intends To Release The PS6 Sometime After 2027.

Is it better to get disc or digital PS5?

Is the PS5 more powerful than the PS5 digital edition? The PS5 digital edition offers the exact same performance as the standard PS5, just without a disc drive. Other than the disc drive, both models use the same internal hardware.

Is PS5 stock issue fixed?

Sony declares PlayStation 5 stock shortages over as it sells the most PS5 consoles ever. December was the biggest sales month for the PlayStation 5 gaming console ever, as Sony gradually resolved the component supply chain issues that have been plaguing it since launch.

Is PS5 shortage almost over?

Two years after the console's launch, the global PlayStation 5 shortage is officially over. So said Jim Ryan, the president of Sony Interactive Entertainment, at the Consumer Electronics Show 2023 on Wednesday. “PS5 supply improved towards the end of last year,” Ryan said during a stage presentation in Las Vegas.

Who keeps buying all the PS5?

Struggling to buy a PlayStation 5? Not these guys. They're snagging hundreds of them each day. A mysterious business called Cashout Kings(Opens in a new window) has been paying scalpers across North America $700 or more for their newly purchased PlayStation 5 and Xbox Series X consoles.

Will the PS5 get discontinued?

Additionally, he writes that Sony will stop producing regular PS5 and PS5 Digital Edition models by the end of 2023.

Is the PS5 shortage getting better?

New market data suggests that the PS5 shortage may well be over. PS5 sales look in the UK to have had a significant spike in February 2023, according to a recent report from market analysts Growth from Knowledge (via gamesindustry.biz).

Why is PS5 so rare?

The console was released in November 2020, but was very difficult to obtain for most of its lifespan. A semiconductor chip shortage limited Sony's production of new PS5 consoles. Other supply chain issues prompted by the global coronavirus pandemic didn't help.

What is the average age of PS5 owners?

"The average age is 28 years old, in usually the middle- to higher-income range. They over-index against those with graduate degrees.

How many gamers actually have a PS5?

Sony says that PS5 had 8.6 million monthly active users in March 2021, vs 7.1 million for PS4. The reason the PS5 active user number is higher than the install base figure is due to multiple unique PS5 accounts on a single device.

Why is the PS5 so expensive in Canada?

We're seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries. Based on these challenging economic conditions, SIE has made the difficult decision to increase the recommended retail price (RRP) of PlayStation 5 in select markets.”

Why is PS5 out of stock Canada?

Unfortunately, Sony's facing three major issues. First is the global health crisis. The global pandemic caused another problem: a global chip shortage. Many chip manufacturers haven't been able to supply as many semiconductor chips which would help PS5 production meet the gamers' demand.

Will PS5 be easier to get in 2023?

It's not safe to say whether or not the PS5 shortage is over, but the good news is, it sounds as though it's going to get easier to find one in 2023. In the meantime, hang tight, enjoy your PS4, and keep looking.

Will PS5 be available in 2024?

According to a report by Insider Gaming, PS5 Pro is already in the works and Sony is targeting a 2024 launch window for the gaming console.

Will the PS5 be worth it?

If your PS4 still works well, and you still enjoy playing games on it, there doesn't seem much point upgrading to the PS5. While the PS5 is capable of improving the performance of some PS4 games thanks to a feature called Game Boost, for most people the difference isn't drastic enough to consider upgrading.