In an interview with The New York Times, Microsoft’s head of investor relations Mike Spencer said the company is working hard to ramp up shipments of the next-gen Xbox Series X game console, but the shortage will remain until at least June this year.
It was previously reported that the deficit problem would continue until April, but it is now clear that the situation will not improve in the first half of this year. In addition to the COVID-19 pandemic, which began a year ago, resellers add problems. Retailers and ordinary users often cannot get enough consoles, leading to insanely high prices.
Mike Spencer added that the company generated more than $ 5 billion in revenue from the gaming division for the first time in the quarter. According to him, Microsoft sold absolutely all the consoles that were produced.
David Gibson, chief investment officer of Astris Advisory, a Tokyo-based financial advisory firm, claims Sony sold at least six million PS5s by the end of 2020, and Microsoft was able to sell three million Xbox Series X and Series S.
Industry analysts and even Lisa Su, CEO of AMD, say this will continue for most of 2021.
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