Current Events > Sony forced to cut its PS5 sales forecast by millions of units

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Scorsese2002 02/02/22 4:37:10 PM #1:	https://www.ign.com/articles/ps5-sales-forecast-cut-millions-shortages Sony is expecting to sell fewer PlayStation 5 units in the current financial year than previously forecasted. The company slashed its forecasts by millions of units due to ongoing component shortages. Sony had previously expected to sell more than 14.8 million PS5s by March 2022 a number that would have seen the console exceed PS4's on sales in its second financial year on the market. The company is now no longer expecting to be able to reach that level of supply, and is now forecasting 11.5 million sales for the year. "Unfortunately," said CFO Hiroki Totoki in a Q3 earnings call, "due to limitations on the supply of components especially semiconductiors and an increase in delivery times resulting from the disruption of the global distribution supply chain, we have revised our FY21 unit sales forecast for PS5 hardware to 11.5 million units." Totoki added that the supply constraints are likely to continue: "Limitations on the supply of components are expected to continue going forward, but we are continuing to exert every effort to meet the strong demand for PS5." In an earnings call Q&A, Totoki explained that the company hopes to be able to "catch up" from the short-term impact of these shortages. Later, he said, "[We are working closely with] our partner companies supplying us with components collaborating, negotiating and working with them closely. We hope we can make that happen, but in terms of [PS5], I think it's safe to say that we will continue to have supply disruption in terms of the components globally, because of the distribution problems and so on. So we can't say for sure what is exactly the demand for next year." Totoki added that he thinks it's good for the company to maintain high sales targets in future, despite those issues. Despite the lower-than-expected numbers in this financial year, PS5 has still seen major success. Sony reports that the console has now sold 17.3 million PS5s as of December 3, 2021. While hasn't been able to keep piece, PS5 outsold PS4 in its first financial year on sale, and had the fastest-selling console launch in US history. --- https://www.twitch.tv/dtake86 <cite>Scorsese2002 posted [p:962308294] in Sony force... [t:79881471]...</cite> <quote>https://www.ign.com/articles/ps5-sales-forecast-cut-millions-shortages Sony is expecting to sell fewer PlayStation 5 units in the current financial year than previously forecasted. The company slashed its forecasts by millions of units due to ongoing component shortages. Sony had previously expected to sell more than 14.8 million PS5s by March 2022 a number that would have seen the console exceed PS4's on sales in its second financial year on the market. The company is now no longer expecting to be able to reach that level of supply, and is now forecasting 11.5 million sales for the year. "Unfortunately," said CFO Hiroki Totoki in a Q3 earnings call, "due to limitations on the supply of components especially semiconductiors and an increase in delivery times resulting from the disruption of the global distribution supply chain, we have revised our FY21 unit sales forecast for PS5 hardware to 11.5 million units." Totoki added that the supply constraints are likely to continue: "Limitations on the supply of components are expected to continue going forward, but we are continuing to exert every effort to meet the strong demand for PS5." In an earnings call Q&A, Totoki explained that the company hopes to be able to "catch up" from the short-term impact of these shortages. Later, he said, "[We are working closely with] our partner companies supplying us with components collaborating, negotiating and working with them closely. We hope we can make that happen, but in terms of [PS5], I think it's safe to say that we will continue to have supply disruption in terms of the components globally, because of the distribution problems and so on. So we can't say for sure what is exactly the demand for next year." Totoki added that he thinks it's good for the company to maintain high sales targets in future, despite those issues. Despite the lower-than-expected numbers in this financial year, PS5 has still seen major success. Sony reports that the console has now sold 17.3 million PS5s as of December 3, 2021. While hasn't been able to keep piece, PS5 outsold PS4 in its first financial year on sale, and had the fastest-selling console launch in US history. </quote> ... Copied to Clipboard!
AngelicRadiance 02/02/22 4:37:48 PM #2:	Well I got mine finally --- http://large.horse <cite>AngelicRadiance posted [p:962308310] in Sony force... [t:79881471]...</cite> <quote>Well I got mine finally </quote> ... Copied to Clipboard!
MabusIncarnate 02/02/22 4:38:33 PM #4:	Console sales this gen for PS and Xbox are meaningless right now, you still can't buy either at retail price unless you get lucky. It's more a race of "who can make the most consoles" until they are readily available. --- I'll remain unperturbed by the joy and the madness that I encounter everywhere I turn Slayer_22 picked waifu - https://ibb.co/WD8p1Kz <cite>MabusIncarnate posted [p:962308331] in Sony force... [t:79881471]...</cite> <quote>Console sales this gen for PS and Xbox are meaningless right now, you still can't buy either at retail price unless you get lucky. It's more a race of "who can make the most consoles" until they are readily available. </quote> ... Copied to Clipboard!
DarkRoast 02/02/22 4:38:57 PM #5:	I don't even know why either company even reports sales numbers. Your sales numbers are going to be whatever amount you produced. This generation is basically screwed --- Razer Blade 15 - Core i7 9750H, RTX 2080 Max-Q, 32 GB DDR4 2666 <cite>DarkRoast posted [p:962308342] in Sony force... [t:79881471]...</cite> <quote>I don't even know why either company even reports sales numbers. Your sales numbers are going to be whatever amount you produced. This generation is basically screwed </quote> ... Copied to Clipboard!
Giant_Aspirin 02/02/22 4:39:16 PM #6:	i completely lost interest in owning one. Sony had a ~6 month window where I would have forked over $500 in a heartbeat. but now that's gone and i dont care anymore. GG Sony, you lost me after four consecutive generations. --- Playing: Prey; Dead Cells I hope something good happens to you today <cite>Giant_Aspirin posted [p:962308348] in Sony force... [t:79881471]...</cite> <quote>i completely lost interest in owning one. Sony had a ~6 month window where I would have forked over $500 in a heartbeat. but now that's gone and i dont care anymore. GG Sony, you lost me after four consecutive generations. </quote> ... Copied to Clipboard!
Jagr_68 02/02/22 4:40:42 PM #7:	We all know Sony sells consoles at loss everytime. It's only until Year 3 or 4 that they finally recoup manufacturing costs but this time it could be different. The race starts again whenever the chip shortage situation improves. --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:962308386] in Sony force... [t:79881471]...</cite> <quote>We all know Sony sells consoles at loss everytime. It's only until Year 3 or 4 that they finally recoup manufacturing costs but this time it could be different. The race starts again whenever the chip shortage situation improves. </quote> ... Copied to Clipboard!
Strider102 02/02/22 4:41:15 PM #8:	I'm waiting for the PS5 Slim and/or Pro anyway. Especially with the issues now, the production is going to be rushed to match demand which means the possibility of increased fail rate. I'm fine waiting with my PS4. --- Last Cloudia ID: 188850453 <cite>Strider102 posted [p:962308401] in Sony force... [t:79881471]...</cite> <quote>I'm waiting for the PS5 Slim and/or Pro anyway. Especially with the issues now, the production is going to be rushed to match demand which means the possibility of increased fail rate. I'm fine waiting with my PS4. </quote> ... Copied to Clipboard!
SpiritSephiroth 02/02/22 4:48:18 PM #9:	People who havent got it yet clearly havent been trying. Joined a discord for ps5 drops and after a week and a half, was able to order one on Amazon. My brother did the same. --- https://i.imgur.com/spfW7gv.jpg https://i.imgur.com/EAuZ5LW.jpg https://i.imgur.com/ZzXmr8X.jpg <cite>SpiritSephiroth posted [p:962308597] in Sony force... [t:79881471]...</cite> <quote>People who havent got it yet clearly havent been trying. Joined a discord for ps5 drops and after a week and a half, was able to order one on Amazon. My brother did the same. </quote> ... Copied to Clipboard!
fan357 02/02/22 4:48:56 PM #10:	AngelicRadiance posted... Well I got mine finally --- Never forget where you came from. <cite>fan357 posted [p:962308621] in Sony force... [t:79881471]...</cite> <quote>AngelicRadiance posted... </cite> <quote>Well I got mine finally</quote> </quote> ... Copied to Clipboard!
Will_VIIII 02/02/22 4:49:04 PM #11:	As I have buyer's remorse for my PS4 I'm in no hurry to get a ps5 --- "Do not speak to fools, for they will scorn your prudent words." - Proverbs 23:9. Antivaxxers are objectively stupid people. <cite>Will_VIIII posted [p:962308626] in Sony force... [t:79881471]...</cite> <quote>As I have buyer's remorse for my PS4 I'm in no hurry to get a ps5 </quote> ... Copied to Clipboard!
Scorsese2002 02/02/22 4:53:03 PM #12:	SpiritSephiroth posted... People who havent got it yet clearly havent been trying. Joined a discord for ps5 drops and after a week and a half, was able to order one on Amazon. My brother did the same. PS Direct was the route I took, signed up in October, got an email invite Monday Thanksgiving week and was here Wednesday --- https://www.twitch.tv/dtake86 <cite>Scorsese2002 posted [p:962308752] in Sony force... [t:79881471]...</cite> <quote>SpiritSephiroth posted...</cite> <quote>People who havent got it yet clearly havent been trying. Joined a discord for ps5 drops and after a week and a half, was able to order one on Amazon. My brother did the same. </quote> PS Direct was the route I took, signed up in October, got an email invite Monday Thanksgiving week and was here Wednesday</quote> ... Copied to Clipboard!
SydneySweenHero 02/02/22 4:53:57 PM #13:	There still isn't any games that make me want to buy one yet. What exclusives does it even have? The Demon Soul remake and Returnal? --- NeonOctopus's Alt #7 >_> <cite>SydneySweenHero posted [p:962308783] in Sony force... [t:79881471]...</cite> <quote>There still isn't any games that make me want to buy one yet. What exclusives does it even have? The Demon Soul remake and Returnal? </quote> ... Copied to Clipboard!
Punished_Blinx 02/02/22 4:55:12 PM #14:	Bummer. I wonder if demand will slow down to make things easier. Probably not. Jagr_68 posted... We all know Sony sells consoles at loss everytime. It's only until Year 3 or 4 that they finally recoup manufacturing costs but this time it could be different. The race starts again whenever the chip shortage situation improves. It stopped selling at a loss a few months ago. --- A Fallen Mascot <cite>Punished_Blinx posted [p:962308821] in Sony force... [t:79881471]...</cite> <quote>Bummer. I wonder if demand will slow down to make things easier. Probably not. Jagr_68 posted... </cite> <quote>We all know Sony sells consoles at loss everytime. It's only until Year 3 or 4 that they finally recoup manufacturing costs but this time it could be different. The race starts again whenever the chip shortage situation improves.</quote> It stopped selling at a loss a few months ago. </quote> ... Copied to Clipboard!
DarkRoast 02/02/22 4:55:21 PM #15:	SydneySweenHero posted... There still isn't any games that make me want to buy one yet. What exclusives does it even have? The Demon Soul remake and Returnal? Ratchet, Horizon 2 comes out in two weeks, etc --- Razer Blade 15 - Core i7 9750H, RTX 2080 Max-Q, 32 GB DDR4 2666 <cite>DarkRoast posted [p:962308825] in Sony force... [t:79881471]...</cite> <quote>SydneySweenHero posted... </cite> <quote>There still isn't any games that make me want to buy one yet. What exclusives does it even have? The Demon Soul remake and Returnal?</quote> Ratchet, Horizon 2 comes out in two weeks, etc </quote> ... Copied to Clipboard!
Giant_Aspirin 02/02/22 4:55:44 PM #16:	SpiritSephiroth posted... People who havent got it yet clearly havent been trying. idk if i was looking at a bad time or what, but i joined twitter just to subscribe to a guy who tweeted drops. i had a couple of shots at getting a super inflated bundle from Gamestop with $300 of shit I didn't want or need. fuck that noise. i tried the Walmart and Amazon drops like four or five times and each time I sat at my PC spamming F5 for over an hour with no luck. at that point i just said fuck it and bought parts for a new PC DarkRoast posted... Horizon 2 comes out in two weeks, etc on PS4, too. so its not exclusive. --- Playing: Prey; Dead Cells I hope something good happens to you today <cite>Giant_Aspirin posted [p:962308834] in Sony force... [t:79881471]...</cite> <quote>SpiritSephiroth posted... </cite> <quote>People who havent got it yet clearly havent been trying.</quote> idk if i was looking at a bad time or what, but i joined twitter just to subscribe to a guy who tweeted drops. i had a couple of shots at getting a super inflated bundle from Gamestop with $300 of shit I didn't want or need. fuck that noise. i tried the Walmart and Amazon drops like four or five times and each time I sat at my PC spamming F5 for over an hour with no luck. at that point i just said fuck it and bought parts for a new PC DarkRoast posted... </cite> <quote>Horizon 2 comes out in two weeks, etc</quote> on PS4, too. so its not exclusive. </quote> ... Copied to Clipboard!
Will_VIIII 02/02/22 4:57:13 PM #17:	It will probably come to PC at some point as well --- "Do not speak to fools, for they will scorn your prudent words." - Proverbs 23:9. Antivaxxers are objectively stupid people. <cite>Will_VIIII posted [p:962308880] in Sony force... [t:79881471]...</cite> <quote>It will probably come to PC at some point as well </quote> ... Copied to Clipboard!
Unsugarized_Foo 02/02/22 4:59:19 PM #18:	Good, more likely for master PC race to get some games --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana <cite>Unsugarized_Foo posted [p:962308936] in Sony force... [t:79881471]...</cite> <quote>Good, more likely for master PC race to get some games </quote> ... Copied to Clipboard!
Proto_Spark 02/02/22 5:01:44 PM #19:	MabusIncarnate posted... Console sales this gen for PS and Xbox are meaningless right now, you still can't buy either at retail price unless you get lucky. It's more a race of "who can make the most consoles" until they are readily available. The Xbox Series S is the only next-gen console that people seem to be able to get reliably, probably because its marketing as a lesser-powered, budget console makes it less valuable to scalpers. But the Series S is basically in its own little universe, so I don't think it really counts. <cite>Proto_Spark posted [p:962309013] in Sony force... [t:79881471]...</cite> <quote>MabusIncarnate posted... </cite> <quote>Console sales this gen for PS and Xbox are meaningless right now, you still can't buy either at retail price unless you get lucky. It's more a race of "who can make the most consoles" until they are readily available.</quote> The Xbox Series S is the only next-gen console that people seem to be able to get reliably, probably because its marketing as a lesser-powered, budget console makes it less valuable to scalpers. But the Series S is basically in its own little universe, so I don't think it really counts. </quote> ... Copied to Clipboard!
Lairen 02/02/22 5:01:51 PM #20:	Sony is rich. Fuck em. Go out of business. --- When it rains, it pours. <cite>Lairen posted [p:962309017] in Sony force... [t:79881471]...</cite> <quote>Sony is rich. Fuck em. Go out of business. </quote> ... Copied to Clipboard!
Punished_Blinx 02/02/22 5:03:51 PM #21:	It's another key example on whether or not first party console exclusives are still worth it. A potential userbase of 29-31 million a year and a bit after launch is better than 17 million. Doesn't matter as much at the moment when their major games are still crossgen but if it's not sorted out soon it's gonna suck for games like Forspoken. --- A Fallen Mascot <cite>Punished_Blinx posted [p:962309067] in Sony force... [t:79881471]...</cite> <quote>It's another key example on whether or not first party console exclusives are still worth it. A potential userbase of 29-31 million a year and a bit after launch is better than 17 million. Doesn't matter as much at the moment when their major games are still crossgen but if it's not sorted out soon it's gonna suck for games like Forspoken. </quote> ... Copied to Clipboard!
Jiek_Fafn 02/02/22 5:06:29 PM #22:	Jagr_68 posted... We all know Sony sells consoles at loss everytime. It's only until Year 3 or 4 that they finally recoup manufacturing costs but this time it could be different. The race starts again whenever the chip shortage situation improves. Punished_Blinx posted... It stopped selling at a loss a few months ago. Also, the ps4 sold at a loss for like only 6 months. He's full of shit. --- I don't believe in belts. There should be no ranking system for toughness. <cite>Jiek_Fafn posted [p:962309141] in Sony force... [t:79881471]...</cite> <quote>Jagr_68 posted... </cite> <quote>We all know Sony sells consoles at loss everytime. It's only until Year 3 or 4 that they finally recoup manufacturing costs but this time it could be different. The race starts again whenever the chip shortage situation improves.</quote> Punished_Blinx posted... </cite> <quote> It stopped selling at a loss a few months ago.</quote>Also, the ps4 sold at a loss for like only 6 months. He's full of shit. </quote> ... Copied to Clipboard!
Femputer 02/02/22 5:08:07 PM #23:	Giant_Aspirin posted... i completely lost interest in owning one. Sony had a ~6 month window where I would have forked over $500 in a heartbeat. but now that's gone and i dont care anymore. GG Sony, you lost me after four consecutive generations. Kind of this. Kind of I'll probably end up dropping 1000 on one when God of War 5 releases. Cuz I'm a worthless simp. --- Have you any idea how it feels to be a Fembot living in a Manbot's Manputer's world? He/him <cite>Femputer posted [p:962309188] in Sony force... [t:79881471]...</cite> <quote>Giant_Aspirin posted... </cite> <quote>i completely lost interest in owning one. Sony had a ~6 month window where I would have forked over $500 in a heartbeat. but now that's gone and i dont care anymore. GG Sony, you lost me after four consecutive generations.</quote>Kind of this. Kind of I'll probably end up dropping 1000 on one when God of War 5 releases. Cuz I'm a worthless simp. </quote> ... Copied to Clipboard!
lilORANG 02/02/22 5:12:49 PM #24:	I'm getting Elden Ring on ps4 and that will keep me busy until the chip shortage is over. --- #FeelTheBern http://i.imgur.com/q5z4CUu.jpg http://i.imgur.com/6B9oFXh.jpg http://i.imgur.com/sy42Dlf.jpg <cite>lilORANG posted [p:962309328] in Sony force... [t:79881471]...</cite> <quote>I'm getting Elden Ring on ps4 and that will keep me busy until the chip shortage is over.</quote> ... Copied to Clipboard!
Giant_Aspirin 02/02/22 5:13:18 PM #25:	Femputer posted... Kind of this. Kind of I'll probably end up dropping 1000 on one when God of War 5 releases. Cuz I'm a worthless simp. i definitely want to play Horizon: FW and the next GoW game, but i'm hoping they come to PC after a few years (like H:ZD and GoW4) and i'm content with waiting. if they announced Bloodborne 2, though ...... oof. --- Playing: Prey; Dead Cells I hope something good happens to you today <cite>Giant_Aspirin posted [p:962309345] in Sony force... [t:79881471]...</cite> <quote>Femputer posted... </cite> <quote>Kind of this. Kind of I'll probably end up dropping 1000 on one when God of War 5 releases. Cuz I'm a worthless simp.</quote> i definitely want to play Horizon: FW and the next GoW game, but i'm hoping they come to PC after a few years (like H:ZD and GoW4) and i'm content with waiting. if they announced Bloodborne 2, though ...... oof. </quote> ... Copied to Clipboard!
MutantJohn 02/02/22 5:17:38 PM #26:	This generation was ruined by scalpers, tbqh. --- "Oh, my mother; oh, my friends, ask the angels, will I ever see heaven again?" - Laura Marling <cite>MutantJohn posted [p:962309485] in Sony force... [t:79881471]...</cite> <quote>This generation was ruined by scalpers, tbqh. </quote> ... Copied to Clipboard!
kingdrake2 02/02/22 5:19:50 PM #27:	MutantJohn posted... This generation was ruined by scalpers, tbqh. they made it harder to land consoles FTL. edit: congrats to anyone who recently managed to get a ps5. --- Explorers In The Further Regions Of Experience, demons to some, Angels To Others: Pinhead <cite>kingdrake2 posted [p:962309565] in Sony force... [t:79881471]...</cite> <quote>MutantJohn posted...</cite> <quote>This generation was ruined by scalpers, tbqh. </quote> they made it harder to land consoles FTL. edit: congrats to anyone who recently managed to get a ps5.</quote> ... Copied to Clipboard!
Punished_Blinx 02/02/22 5:21:03 PM #28:	Makes me wonder how long this generation will last for. It's crazy how much Nintendo has managed to stretch out the Switch with barely any price cuts or revisions. This will probably be the same. --- A Fallen Mascot <cite>Punished_Blinx posted [p:962309601] in Sony force... [t:79881471]...</cite> <quote>Makes me wonder how long this generation will last for. It's crazy how much Nintendo has managed to stretch out the Switch with barely any price cuts or revisions. This will probably be the same. </quote> ... Copied to Clipboard!
SpiritSephiroth 02/02/22 5:25:59 PM #29:	Giant_Aspirin posted... idk if i was looking at a bad time or what, but i joined twitter just to subscribe to a guy who tweeted drops. i had a couple of shots at getting a super inflated bundle from Gamestop with $300 of shit I didn't want or need. fuck that noise. i tried the Walmart and Amazon drops like four or five times and each time I sat at my PC spamming F5 for over an hour with no luck. at that point i just said fuck it and bought parts for a new PC The tweets usually come out super late. Join a discord, they have info by the second. It usually took half a minute to a minute before drops sold out with the amount of people or bots buying it before. Not sure how it is now. --- https://i.imgur.com/spfW7gv.jpg https://i.imgur.com/EAuZ5LW.jpg https://i.imgur.com/ZzXmr8X.jpg <cite>SpiritSephiroth posted [p:962309732] in Sony force... [t:79881471]...</cite> <quote>Giant_Aspirin posted... </cite> <quote>idk if i was looking at a bad time or what, but i joined twitter just to subscribe to a guy who tweeted drops. i had a couple of shots at getting a super inflated bundle from Gamestop with $300 of shit I didn't want or need. fuck that noise. i tried the Walmart and Amazon drops like four or five times and each time I sat at my PC spamming F5 for over an hour with no luck. at that point i just said fuck it and bought parts for a new PC</quote> The tweets usually come out super late. Join a discord, they have info by the second. It usually took half a minute to a minute before drops sold out with the amount of people or bots buying it before. Not sure how it is now. </quote> ... Copied to Clipboard!
kingdrake2 02/02/22 5:35:03 PM #30:	SpiritSephiroth posted... It usually took half a minute to a minute before drops sold out i remember the first times with walmart. sold out in a fraction of the second. 6 times. --- Explorers In The Further Regions Of Experience, demons to some, Angels To Others: Pinhead <cite>kingdrake2 posted [p:962309976] in Sony force... [t:79881471]...</cite> <quote>SpiritSephiroth posted...</cite> <quote>It usually took half a minute to a minute before drops sold out </quote> i remember the first times with walmart. sold out in a fraction of the second. 6 times.</quote> ... Copied to Clipboard!
SpiritSephiroth 02/02/22 5:38:42 PM #31:	kingdrake2 posted... i remember the first times with walmart. sold out in a fraction of the second. 6 times. Those were probably bots. --- https://i.imgur.com/spfW7gv.jpg https://i.imgur.com/EAuZ5LW.jpg https://i.imgur.com/ZzXmr8X.jpg <cite>SpiritSephiroth posted [p:962310084] in Sony force... [t:79881471]...</cite> <quote>kingdrake2 posted... </cite> <quote>i remember the first times with walmart. sold out in a fraction of the second. 6 times.</quote> Those were probably bots. </quote> ... Copied to Clipboard!
Punished_Blinx 02/02/22 6:23:20 PM #32:	It should probably be pointed out that Sony also reported their highest quarter in terms of profit and revenue with this news. So it's not exactly Doom and Gloom. They'll probably be making even more in a couple of years. --- A Fallen Mascot <cite>Punished_Blinx posted [p:962311478] in Sony force... [t:79881471]...</cite> <quote>It should probably be pointed out that Sony also reported their highest quarter in terms of profit and revenue with this news. So it's not exactly Doom and Gloom. They'll probably be making even more in a couple of years. </quote> ... Copied to Clipboard!
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Current Events > Sony forced to cut its PS5 sales forecast by millions of units (+) Yeah! (+)

Current Events > Sony forced to cut its PS5 sales forecast by millions of units