Sony Cuts PS5 Full-Year Production Outlook

    • Sony has lowered its full-year production forecast for the PlayStation 5.
    • The company expects to assemble 15 million units by March 2022, down from 16 million.

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Today is the one-year anniversary of the PlayStation 5’s release, and it’s still extremely difficult to get your hands on one. That won’t be changing any time soon.

Sony, like many other tech companies, is suffering from supply chain issues and the semiconductor shortage. In turn, it’s lowered its full-year production forecast for the console to 15 million units by March 2022, down from a previous target of 16 million.

Despite the setbacks, the PS5 has sold 13.4 million units globally since November 2020, making it the fastest-selling console in Sony’s history.

Still, the company’s target of 22.6 million units sold in the next fiscal year may prove unattainable with such limited stock.

  • Last month, Nintendo lowered its full-year sales forecast for the Switch by 6%.
  • This week, Valve delayed its release of the Steam Deck, a handheld gaming PC, by two months to February 2022.

Sony posted $21.5 billion in revenue in fiscal Q2, a 13% increase year-over-year. The Game & Network Services segment saw sales jump 27% to $5.7 billion.