PlayStation Move Shortages Until Feb 2011 Warns Sony

Sony has warned of worldwide stock shortages of its Move controller for PS3, with senior marketing VP Peter Dille claiming that the shortfall will likely last into Q1 2011. "We have a catch-up problem in all three territories that will last until January or February" the exec told VentureBeat, admitting that Sony misjudged potential demand for the Move controllers.

The mistake, it seems, was prompted by slumping games sales this year – down 8-percent compared to 2009 – and shopping patterns observed in the run up to the last holiday season. Then, consumers had waited longer before buying games hardware, something that doesn't appear to be happening this time around says Dille. No official Move sales stats have been released, but the company said it had shipped 1m to stores in the first month of availability.

[via T3]