The PlayStation 5 will be hard to find until at least this fall, says PlayStation CEO (SNE)

<p><img src="https://static4.businessinsider.com/image/60352cc2bed5c50011a2c0e1-2400/ps5_render_withnotice_03.jpg" border="0" alt="PlayStation 5 PS5 Render" data-mce-source="Sony"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Sorry folks: You won't be able to easily buy a PlayStation 5 for at least a few more months.</p><p>That's according to PlayStation boss Jim Ryan, who confirmed as much in a series of interviews published this week. The PlayStation 5 isn't expected to be readily available at retailers until the latter half of 2021.</p><p>"By the time we get to the second half [of the year], you're going to be seeing really decent numbers indeed," <a href="https://www.ft.com/content/f7c089dc-515e-4387-82fd-ea0a49998650">Ryan told the Financial Times</a>.&nbsp;</p><p>Demand for Sony's latest PlayStation console has overshot supply since the PS5 launched in mid-November 2020. That level of demand paired with the impact of the ongoing pandemic on manufacturing, as well as <a href="https://www.businessinsider.com/why-is-there-chip-shortage-car-companies-electronics-supply-chain-2021-2">the ongoing microchip shortage</a>, rendered Sony unable to make as many PlayStation 5 consoles as it would've liked, Ryan said.</p><p>"Demand was greater than we anticipated. That, along with the complexities of the supply chain issues, resulted in a slightly lower supply than we initially anticipated," <a href="https://www.washingtonpost.com/video-games/2021/02/23/ps5-vr/">he told the Washington Post</a>.</p><p>Even in late February, it's still nearly impossible to buy a PlayStation 5 from a retail outlet.&nbsp;</p><p>When re-supplies of the console go live online, they are swept up nearly instantly. Many are still being swept up by resellers, <a href="https://www.businessinsider.com/how-to-buy-a-playstation-5-tips-from-resellers-2020-11">some of whom are using bots</a> to beat out human buyers.&nbsp;</p><p>Ryan said he's hoping the situation will improve sooner than later.</p><p>"It will increase as each month passes," <a href="https://www.gq-magazine.co.uk/culture/article/playstation-vr-jim-ryan-interview-2021">he told GQ</a>. "And the situation will start to get better hopefully quite quickly. We have been relentless in terms of trying to increase production."</p><p><em><strong>Got a tip'</strong>&nbsp;Contact Insider senior correspondent Ben Gilbert via email (<a href="mailto:bgilbert@insider.com" data-analytics-module="body_link" data-analytics-post-depth="100">bgilbert@insider.com</a>),</em><em>&nbsp;or Twitter DM (<a href="https://twitter.com/RealBenGilbert" data-analytics-module="body_link" data-analytics-post-depth="100">@realbengilbert</a>). We can keep sources anonymous. Use a non-work device to reach out. PR pitches by email only, please.</em></p><p><strong>SEE ALSO:&nbsp;<a href="https://www.businessinsider.com/playstation-5-getting-new-playstation-vr-headset-2021-2" >The PlayStation 5 is getting a new PlayStation VR headset</a></strong></p><p><a href="https://www.businessinsider.com/playstation-5-hard-to-find-until-at-least-fall-2021-2#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/transgender-activist-former-white-house-intern-sarah-mcbride-isnt-discouraged-by-trump-2018-3">Sarah McBride made history becoming the first openly trans person elected to a state Senate seat. In 2018, she explained why the Trump administration wouldn't discourage her work.</a></p>
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