Sony expects PS5 will still be in short supply until 2023

Sony expects PS5 will still be in short supply until 2023

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If you’re a potential PlayStation 5 owner who has been unable to find the console on store shelves over the last 18 months, Sony has good news and bad news for you.

The good news is that the company now expects to produce 18 million PlayStation 5 units worldwide for the current fiscal year, which runs through March 2023. That projection, from the company’s latest earnings report, is up over 60 percent from the 11.2 million PS5 units produced and sold in the last fiscal year.

The bad news is that Sony thinks that increase still won’t be enough to satisfy the sky-high demand for the PS5 in the coming months. “We feel that there was a little bit higher demand than that [18 million units],” Sony Executive Deputy President and CFO Hiroki Totoki said during an investor Q&A portion of the call. “If the question is whether we can meet the demand, I think [we are] still short somewhat.”

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