PS5 and Xbox Series X most likely to be delayed till 2021, says analyst
Both the PlayStation 5 and Xbox Series X may may be delayed until next year, according to a new analyst report.
Given the lack of news and the coronavirus outbreak there were already good reasons to believe that the next generation of consoles, the PlayStation 5 and Xbox Series X, would miss their promised Christmas release dates, and now an analyst has .
According to a new report from DFC Intelligence (via Forbes), the threat of the coronavirus, which has now been officially declared as a pandemic by the World Health Organisation, could greatly affect the consoles’ release.
‘Coronavirusis likely to have a major short-term impact on the delivery of both systems.There is a strong likelihood one or both systems will not make a 2020 launch.If the systems do launch, supply will likely be constrained and initial pricingcould be higher than expected,’ reads the report.
‘Currentlythe economy is in an unprecedented state of uncertainty. Even if the situationclears up in a few weeks, the ability to manufacture and release a high-end newgame system has already been severely impacted.’
This wouldn’t be entirely unsurprising, as the virus has greatly affected many other facets of the gaming industry. Small to large scale events, including E3, have had to be postponed or outright cancelled.
However, the delay may work to Sony and Microsoft’s benefit, as the report states that both consoles, which are supposed to release in time for Christmas, will be in high demand once they do release and could potentially sell out.
‘Thegood news is that consumer demand is likely to be stronger than ever. Demandwill far exceed supply and long-term that could increase overall sales. Inaddition, the abundance of government and public caution should help assurethis is a comparatively short-term crisis,’ it says.
‘Boththe PlayStation 5 and Xbox Series X will release to record consumer demand. Thechallenge Sony and Microsoft face are making sure they release systems thatmeet expectations. Given the current situation, waiting to make sure they getthe initial product right is the most prudent choice.’
Almost all new consoles sell out at launch though – even the Wii U – and spending £400-odd on a new console probably isn’t everyone’s fiscal priority in the middle of a global pandemic. So at this point a delay may make sense for multiple reasons.
As for the Xbox Series X, Microsoft revealed it during the Game Awards 2019 and, since then, have confirmed a variety of new features.
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