https://wccftech.com/console-shortage-likely-to-continue-into-2022-says-microsofts-phil-spencer/

The console shortage that has affected both Microsoft and Sony for their next-generation consoles may well continue into next year, at least according to Microsoft's Head of Gaming Phil Spencer. GamesIndustry reports the following quote, grabbed from the executive's appearance on WrapPRO's TheGrill 2021 event.

I think it's probably too isolated to talk about it as just a chip problem. When I think about, what does it mean to get the parts necessary to build a console today, and then get it to the markets where the demand is, there are multiple kind of pinch points in that process. And I think regretfully it's going to be with us for months and months, definitely through the end of this calendar year and into the next calendar year.