PlayStation CEO on PS5 Launch: “Absolutely Everything is Sold”

"I’m spending a lot more time on trying to increase supply to meet that demand," says PlayStation boss Jim Ryan.

Posted By | On 22nd, Nov. 2020

ps5

The PS5 is out now all over the world, and it’s got off to a predictably great start, especially where hardware sales are concerned. Consoles generally tend to sell out at launch, but the PS5 has been particularly hard to get for many since its release. Stock has been surprisingly limited, and demand for the console is far ahead of its supply line (though a lot of that admittedly has to do with the console launching in the middle of a pandemic).

In fact, it seems that the console is sold out in every sense of the word. Speaking in an interview with TASS, PlayStation CEO Jim Ryan said that “absolutely everything” is sold out where the PS5’s launch sales are concerned.

“Everything is sold,” Ryan said. “Absolutely everything is sold.”

Ryan went on to say that Sony is working to ensure that stocks are resupplied as soon as possible, and that the console’s supply can keep up with its demand. “I’ve spent much of the last year trying to be sure that we can generate enough demand for the product,” he said. ” And now in terms of my executive bandwidth I’m spending a lot more time on trying to increase supply to meet that demand.”

In the same interview, Ryan also suggested that the PS5 might be getting its own Xbox Game Pass competitor down the line- read more on that through here.


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