Sony-backed PlayStation has been a marvelous contender in the gaming console industry. By introducing PlayStation 5, they reshaped the generation of gaming on the systems. However, the community complained about it not being in abundance since its launch. Commonly, the issue of the stock availability of PlayStation 5 has been a concern for gamers worldwide. Though its efficiency remains unquestionable, the ‘out of stock’ message affected gamers’ experience. Nevertheless, the gaming giants did all they could to provide the consoles. With regard to this, PlayStation CEO has propagated an apology and assured a solution to the stock problem. PLAYSTATION CEO APOLOGIZES FOR THE LONG-TERM SUPPLY OF PS5 AND ASSURES THAT IT WILL BE RESOLVED Recently, the Twitter account Hunter (@NextGenPlayer), who is a verified propagator of gaming developments, surfaced the PlayStation [https://www.essentiallysports.com/category/esports/playstation/] CEO’s statement. The user tweeted [https://twitter.com/NextGenPlayer/status/1600641597254795264], “PlayStation boss Jim Ryan says Sony has solved the PS5 supply problem and has apologized to fans for the inconvenience 💯 #PS5” PlayStation to Dominate the Chinese Gaming Market and Get an Upper Hand on Xbox [https://www.essentiallysports.com/esports-news-seeing-the-success-of-genshin-impact-sony-plans-new-ventures-for-the-playstation-to-dominate-the-chinese-gaming-market-and-get-an-upperhand-on-xbox/] To put the cherry on the cake, Jim Ryan’s announcement came during the commencement of the PlayStation Awards 2022. As per the blog [https://blog.ja.playstation.com/2022/12/03/20221203-pspawards/], Ryan stated, “We would like to inform everyone that we have resolved the long-term supply issue of PlayStation®5 and will be able to deliver it to many customers in Japan and Asia from this year-end shopping season to 2023. We apologize for any inconvenience.” [https://image-cdn.essentiallysports.com/wp-content/uploads/3f18c6ceb8ae8091422f5971b31ff1399e8fd764.jpg] Furthermore, he said, “However, I am very grateful for everyone’s understanding and cooperation. I look forward to the many attractive works that will be produced in Japan and Asia in 2022, and to be honored for their wonderful achievements today. I am very happy to be able to revive the “USERS’ CHOICE AWARD” after a long absence. We will continue to strive to make PlayStation the best playground for everyone.” Thus, one can be assured that they aim the stock issue in totality at getting resolved. All in all, one would have to wait for the future to see the end results. WATCH THIS STORY: The Best PlayStation Exclusives of All-time [https://www.essentiallysports.com/stories/best-playstation-exclusives-of-all-time-god-of-war-uncharted-esports-news/] Above all, which games are you hoping to play in the coming year? Do tell us in the comments section below. 

PlayStation 5 has been a much loved console in the community, expect its supply
issues. Hence, Jim Ryan propagates a solution to it.

Astitava Kaushik is an eSports writer at EssentiallySports. He holds a Master's
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The PlayStation 5 is Sony's next-gen console. It is Sony's most powerful console to date, which packs immense computing and graphical power. It is also a huge leap forward from the PlayStation 4 that was launched in 2013.

The console is available in two different versions.
<ol>
 	<li>PlayStation 5 Dics+Digital</li>
 	<li>PlayStation 5 Digital Only</li>
</ol>
Both the versions have the same specifications, but a slightly different price point.
<h2>PlayStation 5 Price</h2>
Sony announced the price of the console at the PlayStation Showcase event held in September 2020. Take a look at the prices of both the versions of PlayStation 5 below:
<ol>
 	<li>PlayStation 5 Disc + Digital Price: $499, £449, €499</li>
 	<li>PlayStation 5 Digital Only Price: $399, £359, €399</li>
</ol>
<h2>PlayStation 5 Specifications</h2>
<table>
<tbody>
<tr>
<td rowspan="3" width="104">CPU</td>
<td width="497">x86-64-AMD Ryzen™ “Zen 2”</td>
</tr>
<tr>
<td width="497">8 Cores / 16 Threads</td>
</tr>
<tr>
<td width="497">Variable frequency, up to 3.5 GHz</td>
</tr>
<tr>
<td rowspan="3" width="104">GPU</td>
<td width="497">AMD Radeon™ RDNA 2-based graphics engine</td>
</tr>
<tr>
<td width="497">Ray Tracing Acceleration</td>
</tr>
<tr>
<td width="497">Variable frequency, up to 2.23 GHz (10.3 TFLOPS)</td>
</tr>
<tr>
<td rowspan="2" width="104">System Memory</td>
<td width="497">GDDR6 16GB</td>
</tr>
<tr>
<td width="497">448GB/s Bandwidth</td>
</tr>
<tr>
<td rowspan="2" width="104">SSD</td>
<td width="497">825GB</td>
</tr>
<tr>
<td width="497">5.5GB/s Read Bandwidth (Raw)</td>
</tr>
<tr>
<td width="104">PS5 Game Disc</td>
<td width="497">Ultra HD Blu-ray™, up to 100GB/disc</td>
</tr>
<tr>
<td width="104">Video Out</td>
<td width="497">Support of 4K 120Hz TVs, 8K TVs, VRR (specified by HDMI ver.2.1)</td>
</tr>
<tr>
<td width="104">Audio</td>
<td width="497">“Tempest” 3D AudioTech</td>
</tr>
</tbody>
</table>
The PS5 has a really powerful SSD that sets it apart from the Xbox Series X. With the help of this lightning-fast SSD, the games on the PS5 will have virtually no load times at all. This will deliver a great next-gen experience to gamers.
<h2>PlayStation 5 Expandable Storage</h2>
The next-gen console comes with an expandable storage option. This allows the players to have additional storage apart from the stock NVMe SSD. The expandable storage slot allows users to have an additional NVMe drive, which will increase the overall storage of the console.

As of now, there is no known list of compatible drives with the PS5. More information will be available closer to the launch date.
<h2>PlayStation 5 Backwards Compatibility</h2>
When the PS5 launches this November, more than 99 percent of the 4000+ games available on PS4 will be playable on PS5.
<p class=""><strong>PS5 Digital Edition</strong></p>

<ul>
 	<li>You will be able to play digital versions of your compatible PS4 games on the PS5 Digital edition console. These will be compatible PS4 digital games you have already purchased or plan to purchase, via PlayStation Store on PS4, PS5, web, or PlayStation mobile app.</li>
 	<li>Since there is no disc drive, you won’t be able to play your PS4 disc-based games on the PS5 Digital Edition.</li>
</ul>
<p class=""><strong>PS5 with Ultra HD Blu-ray disc drive</strong></p>

<ul>
 	<li>You can play digital versions of your compatible PS4 games you downloaded from the PlayStation Store on PS4, PS5, web, or PlayStation mobile app.</li>
 	<li>You can also use physical PS4 game discs.</li>
</ul>
Additionally, games that are only playable on PS4 will be noted on PlayStation Store as playable on “PS4 only."
<h2>PlayStation 5 Release Date</h2>
The release date for PS5 is different for different countries around the world. It will launch in the USA, Japan, Canada, Mexico, Australia, New Zealand, and South Korea on November 12.

The rest of the world will get the console on November 19.

PlayStation 5

The PlayStation 5 is Sony&#8217;s next-gen console. It is Sony&#8217;s most powerful console to date, which packs immense computing and graphical power. It is also a huge leap forward from the PlayStation 4 that was launched in 2013. The console is available in two different versions. PlayStation 5 Dics+Digital PlayStation 5 Digital Only Both the versions have the same specifications, but a slightly different price point. PlayStation 5 Price Sony announced the price of the console at the PlayStation Showcase event held in September 2020. Take a look at the prices of both the versions of PlayStation 5 below: PlayStation 5 Disc + Digital Price: $499, £449, €499 PlayStation 5 Digital Only Price: $399, £359, €399 PlayStation 5 Specifications  CPU x86-64-AMD Ryzen™ “Zen 2”  8 Cores / 16 Threads  Variable frequency, up to 3.5 GHz  GPU AMD Radeon™ RDNA 2-based graphics engine  Ray Tracing Acceleration  Variable frequency, up to 2.23 GHz (10.3 TFLOPS)  System Memory GDDR6 16GB  448GB/s Bandwidth  SSD 825GB  5.5GB/s Read Bandwidth (Raw)  PS5 Game Disc Ultra HD Blu-ray™, up to 100GB/disc  Video Out Support of 4K 120Hz TVs, 8K TVs, VRR (specified by HDMI ver.2.1)  Audio “Tempest” 3D AudioTech  The PS5 has a really powerful SSD that sets it apart from the Xbox Series X. With the help of this lightning-fast SSD, the games on the PS5 will have virtually no load times at all. This will deliver a great next-gen experience to gamers. PlayStation 5 Expandable Storage The next-gen console comes with an expandable storage option. This allows the players to have additional storage apart from the stock NVMe SSD. The expandable storage slot allows users to have an additional NVMe drive, which will increase the overall storage of the console. As of now, there is no known list of compatible drives with the PS5. More information will be available closer to the launch date. PlayStation 5 Backwards Compatibility When the PS5 launches this November, more than 99 percent of the 4000+ games available on PS4 will be playable on PS5. PS5 Digital Edition You will be able to play digital versions of your compatible PS4 games on the PS5 Digital edition console. These will be compatible PS4 digital games you have already purchased or plan to purchase, via PlayStation Store on PS4, PS5, web, or PlayStation mobile app. Since there is no disc drive, you won’t be able to play your PS4 disc-based games on the PS5 Digital Edition. PS5 with Ultra HD Blu-ray disc drive You can play digital versions of your compatible PS4 games you downloaded from the PlayStation Store on PS4, PS5, web, or PlayStation mobile app. You can also use physical PS4 game discs. Additionally, games that are only playable on PS4 will be noted on PlayStation Store as playable on “PS4 only.&#8221; PlayStation 5 Release Date The release date for PS5 is different for different countries around the world. It will launch in the USA, Japan, Canada, Mexico, Australia, New Zealand, and South Korea on November 12. The rest of the world will get the console on November 19.

“We Apologize for Any Inconvenience” – PlayStation CEO Jim Ryan Gives Assuring Words To Combat PS5 Long-Term Supply Issues

PlayStation CEO apologizes for the long-term supply of PS5 and assures that it will be resolved