Jump to content

[GameSpot] - Console Supply Issues Might "Remain Rocky" Until 2023, Xbox Exec Says


343iBot

Recommended Posts

Xbox's chief financial officer has said the ongoing supply chain issues impacting console availability might remain challenging through 2022, suggesting it won't be very easy to find a new system until 2023.

Speaking during an investor call this week attended by GI.biz, Xbox CFO Tim Stuart said "the supply chain environment could remain rocky through 2022 and the holiday season." He added that one of the issues impacting Xbox and others is limited parts and the other is "elevated logistics pricing pressuring margins."

Microsoft does not announce Xbox sales numbers, but the Series X|S family of systems consistently outsells the PlayStation 5 in the US, suggesting Microsoft is having an easier time with the supply issues than Sony. That could change in the future, though, as Sony is projecting a big uptick in PS5 sales in the future, suggesting Sony believes the supply chain problem may be easing up.

The PS5 recently passed 20 million units sold. Sony promised a significant "ramp-up" in PS5 production to help meet demand.

Anecdotally, it appears the Xbox Series X has been easier to find in recent months, while the Series S console is regularly available at many retailers in the US.

Despite the supply chain issues, Xbox had its best year ever in 2021 based on revenue. Xbox's fortunes are expected to only grow further with the proposed acquisition of Activision Blizzard, including the Call of Duty franchises and all of its development studios.

View the full article

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...