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Wednesday, November 17, 2021

The PlayStation 5 and Xbox Series X will be even scarcer than experts previously estimated

With the shopping season nearly upon us, some of the year’s most sought after gifts will once again be Sony’s (SONY) PlayStation 5, Microsoft’s (MSFT) Xbox Series X, and (NTDOY) Nintendo’s Switch.

And if you thought those consoles were hard to get before, as our own Ihsaan Fanusie pointed out, buckle up, because, according to at least one industry analyst, the system makers are expected to sell some 3.34 million fewer units this calendar year than previous estimates indicated — dropping the total expected sales from 44.3 million to 40.9 million.

“There’s been a reduction in 2021 of shipments in my model from July to November that’s down about 3.34 million units,” IDC research director of gaming Lewis Ward told Yahoo Finance.

That expected reduction in sales, a result of the ongoing chip shortage, means that a year after the consoles launched, gamers will still have a hard …read more



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