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Microsoft may face supply shortages for Xbox Series X by April 2021, says CEO



Nearly a week after Microsoft released the new Xbox S and X-Series consoles in time for the holiday shopping season, the gaming unit’s CFO has put a shock absorber on those who want to launch one soon.

“I think we’ll continue to see supply shortages as we move into the post-holiday quarter, so Microsoft’s Q3, Q1 calendar,” Xbox CFO Tim Stewart told the Jefferies Interactive Entertainment Virtual Conference on Monday.

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Stewart, who joined Microsoft in 2002, added that supply and demand would begin to converge outside the holiday shopping window. “We’re going to have a change in supply over the next, what, 4, 5, 6 months. And that’s when I expect to really see this search profile start running, which will be really, really great.”

Xbox X Series (Credit: Microsoft)

Microsoft released the Xbox Series X for $ 499 and the Series S (for $ 299) on November 10, both of which sold out at major retailers.

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Best Buy and Walmart said they would have X-Series consoles during their Black Friday sales, but no retailer has publicly announced how many they will have.

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Shares of Microsoft were lower on Tuesday, falling 0.56% to $ 216.02, in line with a wider sell-off in the market.

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