Sony has good news for consumers still trying to buy the PlayStation 5 during the holiday shopping season: More stock should be arriving soon.
“Demand for PS5 is unprecedented, so we wanted to confirm that more PS5 inventory will be coming to retailers before the end of the year,” the company said in a Wednesday tweet.
The key phrase is “before the end of the year.” So if you haven’t managed to beat the sales rush, there’s still hope you can land the console before Christmas.
In the same tweet, Sony said the PS5 was its biggest console launch ever. Indeed, the product has been selling out in minutes across all the major retailers due to massive demand from consumers and scalpers. To get the product immediately, resellers on eBay have been hawking the normally $499 console for prices ranging from $1,000 to $1,500.
Last week, Sony Interactive Entertainment CEO Jim Ryan also gave a gloomy take on supplies of the PS5. “Everything is sold. Absolutely everything is sold,” he told a Russian media outlet. “I’m spending a lot more time on trying to increase supply to meet that demand.”
Fortunately, it looks like more PS5s are inbound. However, Sony is only selling the console online through the major retailers, so you’ll have to act fast to secure your order. We recommend consumers use an online inventory-tracking service, which can immediately alert you about PS5 restocks, giving you a better chance to buy one. Both Best Buy and Walmart also plan on selling limited quantities of the PS5 during their Black Friday sales event.