PS5 would be sold out without COVID, but that doesn’t matter for Sony stock
Sony stock jumped after Sony Interactive Entertainment CEO Jim Ryan said the PS5 would have been sold out even without a pandemic. He told the Russian news agency Tass that “absolutely everything is sold.”Q3 2020 hedge fund letters, conferences and morePS5 would've been sold out without a pandemicHe added that he has spent a lot of the last year trying to ensure that there was enough demand for the PlayStation 5. Now Ryan is spending a lot more time trying to boost supply to meet that demand. When asked if the PS5 launch would've been any different if there weren't a pandemic, he said there wo...