PS5 stock: PlayStation boss says console situation is improving and explains problems with consoles
Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The PlayStation 5’s stock problems will continue to ease up through the year, according to the boss of Sony Interactive Entertainment. Jim Ryan, the president and chief executive of Sony Interactive Entertainment, said the company was working hard to overcome the issues with supply that have left fans struggling to even try and buy one of the consoles, and resellers selling them for far more than their retail price. “That, along with the complexities of the supply chain issues, resulted in a slightly lower supply than we initially anticipated.” He gave the positive news to fans that the situation will improve through the year, ahead of a dramatic increase by the second half of the year. “The pace of the improvement in the supply chain will gather throughout the course of the year, so by the time we get to the second half of, you’re going to be seeing really decent numbers indeed.” He told British GQ that he was unable to give a defniitive date about when the problems would let up, and that they were the consequence of a host of different issues.
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