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As the report states, Sony confirmed that it is finding it difficult to keep up with the strong demand for its next-gen console, even if the company does produce more PS5 units over the next year. The Sony CFO told analysts that the company is looking to increase production as soon as possible. In a recent earnings report, Totoki also stated a potential solution to the shortage could be a redesign of the PS5, all so there could be more consoles on shelves. During the meeting, Sony also revealed it has seen a drop in monthly active users on the PlayStation Network, from 114 million last year to 109 million at the end of March. Despite the drop in users, Totoki stated to analysts he “can’t imagine demand dropping easily.” Sony revealed that it sold 7.8 million PS5 consoles since its release in November, and the report states the company has a target of selling 14.8 million by the end of the fiscal year. Sony’s library of PS5 games is now starting to expand, with the release of sci-fi third-person shooter Returnal and the hugely-anticipated Ratchet & Clack: Rift Apart coming to the platform soon. With big hitters such as God of War: Ragnarök and Horizon: Forbidden West coming down the line, demand for Sony’s next-gen console will only increase. 

Where to buy a PS5

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