Xbox Series X supply isn't likely to pick up until the next financial quarter, according to Microsoft.
In an earnings call last night, the company's CFO, Amy Hood, told investors that it expects "significant demand" for the consoles throughout the next few months, but that supply will be "constrained" until at least the end of the quarter, which ends on March 31. That means that if you're hoping to get a new Xbox Series X or Xbox Series S before April, you're likely to struggle.
On the plus side, however, it's been a good year for Microsoft, who told investors that thanks to the launch of its new consoles hardware revenue was up 86%. In fact, those console launches resulted in what the company's CEO, Satya Nadella, claimed was the company's best launch ever, with "the most devices ever sold in a launch month." On top of that, there are now 18 million Game Pass subscribers, up three million in the last three months, and more than 100 million people using Xbox Live every single month.
The supply difficulties affecting Microsoft will come as no great surprise to anyone trying to bag themselves a new console. Both Xbox Series X stock and PS5 stock has proved extremely hard to come by since the consoles' launches in November, with new shipments being snapped up seriously quickly wherever they appear.
It'll be tough to find a new console before Microsoft's supply picks up, but you can help even the odds with our guide on where to buy an Xbox Series X.
Sign up to the 12DOVE Newsletter
Weekly digests, tales from the communities you love, and more
I'm GamesRadar's news editor, working with the team to deliver breaking news from across the industry. I started my journalistic career while getting my degree in English Literature at the University of Warwick, where I also worked as Games Editor on the student newspaper, The Boar. Since then, I've run the news sections at PCGamesN and Kotaku UK, and also regularly contributed to PC Gamer. As you might be able to tell, PC is my platform of choice, so you can regularly find me playing League of Legends or Steam's latest indie hit.
Marvel Rivals has what it takes to shake up the PvP shooter genre if it can maintain its hero fantasy while also making balance changes
Marvel Rivals made Jeff the Land Shark so stinkin' adorable that the MCU is bringing him on as an official hero: "We're all Jeff fans around here. Man is he fun to play"