Sony’s next-generation console, the PlayStation 5, went on sale worldwide on November 12, and the console is experiencing high demand. While we expected that PlayStation 5 to be very scarcely available through these first few months, it turns out that the demand is very higher than Sony expected.

In an interview with Russian media outlet TASS, Sony CEO Jim Ryan told that PlayStation 5 is selling exceptionally well, so much so that Sony is focusing more on improving supply due to the large demand for the console.

“Everything is sold. Absolutely everything is sold, ”Ryan said. “Also everything will be traded in Russia, of that there is no doubt. I’ve spent much of this last year working to make sure we can create enough demand for this product. And now, in terms of my executive bandwidth, I spend a lot more time trying to increase supply to meet that demand, ”he is quoted as saying.

He also noted that the majority (nearly two-thirds) of early PlayStation 5 customers are expected to be PlayStation 4 owners, while the rest may come from another console or more from outside the console ecosystem. “Complete activities verify that the opening organization, about these launches through Christmas, nearly three-quarters, method be PS4 updates,” he replied. “And this remaining 25% will get from other consoles or it will become from outside this console ecosystem. So the vast majority of those who buy a PS5 will have a PS4 … There are about 114 million PS4s in the world, the number of those that are transferred, if you take that into account, is small.

In the meantime, we still have no information on the availability of PlayStation 5 in India. I am looking forward to the console coming to the country, although it will most likely be very difficult to get one any time soon, even after it goes on sale here.

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