Xbox Series X/S supply will be limited until 2023, Phil Spencer says

Xbox boss Phil Spencer tells consumers that Xbox Series X/S console supply will remain constrained and limited throughout holiday 2022 and into 2023.

Published Aug 26, 2022 12:16 PM CDT   |   Updated Tue, Sep 20 2022 3:06 PM CDT
1 minute & 33 seconds read time

Xbox console availability will be scarce this holiday season, Microsoft's gaming boss Phil Spencer has said.

Xbox Series X/S supply will be limited until 2023, Phil Spencer says 14 | TweakTown.com

As Sony readies its massive 18 million PlayStation 5 console shipment, Microsoft may still be playing catch-up with hardware availability well into next year. Xbox Series X/S consoles are expected to be limited throughout the remainder of 2022, including the critical holiday season where the gaming industry sees its largest sales boom.

"I still think demand will outstrip supply for us this holiday," Spencer said in a recent interview with Bloomberg. "When we get into 2023 you'll start to see more that supply is catching up. You might see [an Xbox Series console] when you walk in the store."

The news comes at an interesting time for both companies. It's true that Sony is about to deliver its largest PlayStation console shipment in history. Sony wants to ship 18 million PS5s this fiscal year.

That delivery will come at a cost: Sony is also raising the PS5's price in practically every worldwide market except for the United States.

Microsoft, however, won't raise prices of its console hardware.

Company reps say the Xbox Series X/S retail price tags ($499 and $299, respectively) will "remain the same." There's currently no plans to raise these console prices...but that could change as Microsoft faces rising manufacturing and shipping costs of its products. Then again Microsoft can afford to sell hardware at a loss and subsidize it through services like Xbox Game Pass and digital game sales.

NEWS SOURCE:bloomberg.com

Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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