USA

Sony sees ‘very, very considerable’ demand for PlayStation 5

Sony is expecting a blockbuster debut for its PlayStation 5 next month as the COVID-19 pandemic continues to supercharge the demand for games.

The Japanese tech giant said it is seeing “very considerable” demand for pre-orders of the next-generation console, which hits stores on Nov. 12.

The PS5 moved as many pre-orders in its first 12 hours available in the US as the PlayStation 4 did in its first 12 weeks, Sony Interactive Entertainment president Jim Ryan told Reuters.

“The demand as expressed by the level of pre-order has been very, very considerable,” he said.

Indeed, Sony was forced to apologize last month for its botched rollout of preorders which saw some retailers make the game console available earlier than others, frustrating eager fans hoping to guarantee a release-day delivery.

Sony has sold more than 100 million PS4s since its 2013 debut, and is hoping to convince its user base to upgrade with state-of-the-art graphics as well as a new “Spider-Man” game.

But Ryan added that the pandemic, which has kept gamers locked inside and increased the demand for the PS5, has also thrown a wrench into production plans.

“It may well be that not everybody who wants to buy a PS5 on launch day will be able to find one,” Ryan said, adding that Sony is “working as hard as we ever can” to make sure store shelves are stocked for the holiday shopping rush.

Sony this week reported a jump in quarterly profit and the PS5 expected to be the first next-generation device not to push the gaming division to an annual loss in its launch year.

Sony’s shares have gained almost 50 percent from March lows. It was up 2.3 percent Wednesday morning.

With Post wires.

Football news:

The greatest moments of the greatest's career: from his debut for Argentinos juniors, victory over the USSR at the YCHM to the Hand of God and Naples
Barcelona's away form for the 2021/22 season will be purple
Champions League matches will start with a minute's silence in memory of Maradona
Napoli on Maradona's death: Everyone is waiting for our words, but what words can Express our pain? Now is the time for tears
How will you remember Maradona? Let's share warm memories, stories from your childhood and how much you admired Diego
Barcelona Twitter: Thank you for everything, Diego
Real Madrid: Maradona-an icon of millions of fans, one of the greatest in the history of football