Phil Spencer Predicts Xbox Supply Won't Meet Demand This Holiday Season

gamerant.com:

Supply chain issues have been plaguing the video game industry for years now. Whether a gamer is struggling to get their hands on a new graphics card or can't find a new PS5 despite hours of searching, a lot of the problems stem from the supply chain. This has caused the sales of video game consoles to dip, even with demand being so high. Nintendo reported a drop in hardware sales in its Q1 financial report, and now Xbox Boss Phil Spencer believes the green brand may also not be able to meet demands as supply issues continue.

Speaking to Bloomberg, Spencer gave an update on how Xbox is dealing with the supply chain issues. Spencer confirmed that Xbox is still struggling with meeting the demand for Xbox Series X and S consoles, and he doesn't seem too hopeful about the supply situation getting better before the holiday season. «I still think demand will outstrip supply for us this holiday,» Spencer said, but the Xbox Boss remains hopeful that the issues won't last forever.

Head of Xbox Phil Spencer Thinks There Will Be Fewer Console Exclusives in the Future

Further in his statement, Phil Spencer shared that he thinks the situation will improve in 2023 and gamers will begin to see that supply is catching up with demand. Spencer even stated there's a chance of a gamer seeing an Xbox «in the store when [they] walk in.» Spencer's comments about the supply chain issues lasting until the end of 2022 line up with a June statement from Xbox's Chief Financial Officer Tim Stuart, who also expressed a belief that the shortages would continue through the end of the year.

This doesn't mean that Xbox Series X and S sales have necessarily been suffering. Compared to the PS5, the Xbox Series X has managed to outsell its major competitor on