Sony expecting surge in PS5

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Sony expecting surge in PS5
Sony expecting surge in PS5
07-15-2020 04:00 pm
(The Verge, July 15, 2020) Sony is ordering about 50% more PlayStation 5 consoles than it had originally planned to ship this year, according to reports in the Japanese press. Sony is figuring to ship around 9 million consoles as opposed to the 6 million it was forcasting for 2020. It could be higher, depending on the state of the world in upcoming months. 

In the age of coronavirus, at-home entertainment demand has increased. Since there's literally nothing else to do, this preparation makes sense. If Sony did move these numbers, it would make a giant increase on the PS4, which launched in November 2013 and sold about 4.2 million units by the end of December. 

Facebook is following suit, ramping up production of their Oculus VR headsets, according to Nikkei. They're pushing up production to 2 million units in the second half of 2020 - up 50%  for its output in 2019. 

Gaming hardware has been hard to get a hold of during quarantine. Many suppliers were faced with contraints, selling out too quickly. Hopefully with an increased stock, people can get their products in a timely manner. 

Let's just hope we don't see another wave of COVID cases. 

Source: https://www.theverge.com/2020/7/15/21325260/sony-ps5-oculus-stock-orders-manufacturing-increase

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