by on November 7, 2021
The PlayStation 5 launched on November 12, 2020, with a pretty solid video game lineup to match. From hacking and hacking in Assassin's Creed Valhalla to swinging and joking around New York in Spider-Man: Miles Morales, there was something for every type of gamer. With that being said, not all gamers have been able to get their hands on the PlayStation 5, despite the fact that it has been almost a year since the much sought after console hit retailers.
Sony has confirmed that it has sold more than 13 million PlayStation 5 consoles, but that number is still below where the PS4 was in its first year. This is primarily due to a host of hurdles, such as the global PlayStation 5 supply shortage, the COVID-19 pandemic, resellers, and more, making the current-gen console especially hard to come by. But with the holiday season just around the corner, the demand is increasing. So if Sony wants its fans to be satisfied this season, big changes need to be made. Providentially, while it's a challenge to find a PlayStation 5, big chain stores like Best Buy, GameStop, and Target have been periodically reloading shelves, with news that Walmart is restocking the PS5 and Xbox Series X consoles this week. Although, despite the efforts made by these retailers, it is clear on social media that players are finding it difficult to take advantage of reload opportunities fast enough to score one. After all, even with continuous restocks, potential customers are expected to fight the current PlayStation 5 scalping situation approaching unprecedented levels as many PS5s are shopping for outrageous prices online. While this is certainly nothing new in the video game industry, or most entertainment industries, a quick search for a PS5 in the eBay digital store shows just how out of control the condition has become.
Worse still, scalping is not a territorially isolated problem, as British retailer Argos was bombarded with PS5 scalpers. Unfortunately, this global difficulty of consoles has led to people paying exorbitant prices to these dealers, with others being forced to wait for supply to catch up with demand.
In short, availability issues, such as widespread production struggles and absurdly high PS5 resale prices, have become a huge problem for the PlayStation 5. Even after a year, it still doesn't seem like the procurement process of the high-level console has become easier. , which means that people might have to play on their PlayStation 4 for a little longer.
Posted in: Education
Topics: gaming
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