It looks like nobody will be getting the PS5 for a VERY long time, at least at any kind of reasonable price, that is, and that’s a total bummer for gamers.
Sony Interactive Entertainment CEO Jim Ryan told Russian news outlet TASS that “absolutely everything is sold out” and how the company will try and ramp up console supply.
“Everything is sold. Absolutely everything is sold,” Ryan explained. “And everything will be sold in Russia, there’s no doubt about that. I’ve spent much of the last year trying to be sure that we can generate enough demand for the product. And now in terms of my executive bandwidth I’m spending a lot more time on trying to increase supply to meet that demand.”
“All history indicates that the initial cohort, from the launch to Christmas, about three quarters will be upgraders from the PS4,” Ryan explained. “And the remaining 25% will either come to us from another console, or will come from outside the console ecosystem. So, the great majority of those who buy a PS5 will have a PS4.”