Global supply shortages have hampered sales for most electronic hardware over the last couple of years, and it doesn’t look like the situation is going to change anytime soon.
The global semiconductor shortage has over two years at this point, and by now, it’s clear that the situation is not going to improve anytime soon. Xbox boss Phil Spencer said in September that supply shortages would probably end up being an issue for Xbox Series X / S heading into 2022, and now, Xbox CFO Tim Stuart has doubled down on that statement.
Speaking in an investor call hosted by financial services company Baird (via GamesIndustry), Stuart said Microsoft is expecting “that supply chain environment could remain rocky through 2022 and the holiday season”. Renewed COVID-19 restriction in Stuart, according to Stuart, though he mentioned that the situation is better for the Xbox Series than its more powerful counterpart.
This doesn’t come as much of a surprise. Sales for other consoles have also been affected by the supply shortages, with Nintendo and Sony both having lowered their sales forecasts for the ongoing fiscal year. Nintendo has said that there is no end in sight to the global semiconductor shortage, while Intel has said that it could until 2024.