Sony PlayStation 5 sold out hours after launch

Sony Corp, the maker of top-selling video game, PlayStation 5 (PS5) console, has launched its long-awaited console today amid COVID-19 pandemic and reportedly sold out on the first day of its launch, according to a report credited to Reuters.

This sell-out is based on the bias that a lot of people are spending more time at home playing games due to the COVID-19 onslaught reducing social mobility globally.

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Sony had earlier launched a website for its PS5 sales in order to maintain social distancing, calling for it to “be safe, stay home, and place your order online,”

What you should know

Sony’s next-generation console retails at $400 without a disk-drive and $500 with a hard drive option. It recorded impressive sales at its home country – Japan, which in some cases had to conduct lotteries to distribute the limited consoles.

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The high notch demand console PS5, provides cutting-edge graphics, faster uploading times, and a better-designed controller with incredible feedback, which has attracted a high influx of gamers.

• Sony Corporation is a Japanese multi-national company that produces communications, key devices, and information technology products audio, home video game consoles, for the consumer and professional markets.
• The Company’s other businesses include music, pictures, computer entertainment, and online businesses.

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