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Sony is celebrating its birthday with PS5 shortages.

The PlayStation 5's chronic supply shortages have been addressed by Sony Interactive Entertainment president and CEO Jim Ryan, who addressed the "historic demand" that has caused many would-be buyers are still unable to purchase the much-desired machine.

Ryan commended "everyone in the community for their patience" in a blog post commemorating the PS5's first birthday, adding that "we appreciate the inventory limits remain a source of irritation for many of our consumers."

"Rest assured, we are laser-focused on shipping as many units as possible; it's something we work on every day across the firm and it's still my top priority," Ryan added. "We appreciate your patience once again as we handle these unprecedented global problems.

Unfortunately, the supply shortage is likely to worsen, as Sony's production forecast was cut downward. It now intends to produce one million fewer consoles in the fiscal year ending in March 2022, down from 16 million previously.

Aside from the shortages, the PS5 has had a fantastic first year. The last twelve months have seen the release of significant titles including Ratchet & Clank: Rift Apart, Returnal, and Deathloop, as well as the acquisition of multiple studios, as Ryan points out in his birthday blog.

"PS5 gamers have together played over 4.6 billion hours of gameplay on PS5 and broadcast over 26 million hours of content," Ryan claims.

With games like God of War Ragnarok, Gran Turismo 7, and Horizon Forbidden West on the way, the PS5's second year is certainly looking good – but Sony's biggest difficulty may be getting enough consoles into consumers' hands.

Terra Invicta, a promising forthcoming sci-fi strategy game in the spirit of XCOM, has been postponed until Spring 2022, and Pokémon Unite has announced the Grass/Ghost-type archery owl Decidueye would be the game's next Pokémon.

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