Sony has announced that the PlayStation 5 shortage is finally over after selling more than 30 million units worldwide.
The company has been struggling to meet the unprecedented demand for its new console since it launched in November 2020, leading to stock shortages and scalpers taking advantage of the situation.
The news was announced by Sony Interactive Entertainment CEO Jim Ryan during their quarterly earnings call. He stated that the PlayStation 5 is the fastest-selling console in the company’s history and that the console has “exceeded the company’s expectations”.
The 30 million units sold includes both the digital-only and disc-based versions of the console, as well as the PlayStation 5 accessories.
The success of the PlayStation 5 is largely due to its strong lineup of exclusive games such as Spider-Man: Miles Morales, Demon’s Souls, and Horizon Forbidden West.
Sony has also been able to leverage its strong library of older PlayStation 4 titles through its backward compatibility feature, allowing gamers to access their existing libraries on the new console.
Sony says PlayStation 5 shortage is finally over after announcing 30 Million have been sold worldwide!
“Everyone who wants a PS5 should have a much easier time finding one at retailers globally, starting from this point forward.” pic.twitter.com/c1JqoFAdfG
— Daily Loud (@DailyLoud) January 5, 2023
The PlayStation 5 is also the most powerful console on the market, utilizing the latest in hardware technology to provide a truly immersive gaming experience. With its improved hardware, players are able to enjoy 4K resolution gaming and ray-tracing capabilities, while also benefiting from faster loading times.
Sony’s success is also down to their strong marketing strategy as well as the continued support of their loyal fanbase. The company has been able to target both new and existing fans, with their various marketing campaigns and exclusive offers.
Now that the PlayStation 5 shortage is finally over, gamers can look forward to taking full advantage of the console’s capabilities and enjoying Sony’s wide range of exclusive games. With the console’s success, Sony is well-positioned to capitalize on their strong market position and continue to dominate the console gaming landscape.