Microsoft: Xbox Series X Shortage to Persist Until Next Spring

From PC Mag: Bad news for anyone still trying to buy an Xbox Series X: Demand for the console is expected to outstrip the supplies until spring 2021.

Xbox’s chief financial officer Tim Stuart made the forecast during an investor’s event last week. “I think we'll continue to see supply shortages as we head into the post-holiday quarter, so Microsoft's (financial) Q3, calendar Q1,” he said.

According to Stuart, the supplies will only begin meeting the demand by the second quarter, which starts in April. “We'll have supply cranking over the next, what, four, five, six months. And that's when I expect to see really that demand profile start to be met,” he added. (A transcript of his remarks can be found at Seeking Alpha.)

Currently, both the Xbox Series X and Series S are out of stock at all the major retailers. To buy them immediately, you’ll have to go to eBay, where third-party merchants are hawking the hardware for at least twice the normal pricing. Otherwise, you’ll have to wait for retailers to receive more stock. Both Best Buy and Walmart plan on selling some Xbox Series X units, in addition to the PlayStation 5, during their Black Friday sales events.

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