Microsoft: Console shortages to last well in to next year

The shortage of next-gen consoles is likely to last well in to 2022 according to Microsoft’s Phil Spencer. He was speaking to The Wrap and explained it’s not just a shortages of microchips that is causing issues.

“When I think about, what does it mean to get the parts necessary to build a console today, and then get it to the markets where the demand is, there are multiple kind of pinch points in that process. And I think regretfully it’s going to be with us for months and months, definitely through the end of this calendar year and into the next calendar year,” said Phil.

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“The thing that’s most disappointing is just the fan disappointment,” he added. “People really want this new generation of consoles – they’re good consoles, both from us and the other platform holders – and they want the new functionality. We’re working hard to bring them to market but it’s going to be a challenge that we’ll work through for quite a while.”

Both Xbox Series X and PlayStation 5 consoles are in short supply with the latter selling out in seconds as soon as new stock is released. Sony have already stated that PlayStation 5 consoles would be hard to find well in to 2022.

“I don’t think demand is calming down this year and even if we secure a lot more devices and produce many more units of the PlayStation 5 next year, our supply wouldn’t be able to catch up with demand,” Chief Financial Officer Hiroki Totoki said at a briefing in May this year.

That hasn’t stopped the PS5 becoming the fastest-selling PlayStation console ever in the UK, it reached the 1 million sales milestones 39 weeks after launch. That’s three weeks before the previous fastest selling PlayStation console, the PS4. The PS5 also broke the same record over in Japan.

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Source: The Wrap via GI.Biz

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