The recent PS3 price cut has brought about a tremendous increase in demand, so much so that Sony Computer Entertainment America CEO Jack Tretton believes that shortages are within the realm of conceivability. First it wasn’t selling enough and now stock is apparently running dry, go figure:

If things continue at this pace, it is conceivable that there will be product shortages.

Something seems a bit fishy here. Considering Sony has had months to ramp up production in order to prepare for the price cut, we can only guess that if a shortage develops, it will be short lived.

Follow this author on Twitter.

Read more: Reeves: No PS3 Price Cut This Year,  Tretton: Confidentiality Goes Unrespected In This Industry,  Sony Explains Reasoning Behind Ditching OtherOS Support On PS3 Slim,  Source: PS3 Slim To Skip E3, PSP Go! Announcement Expected,  Koller Blames Pandora Battery Hack for Lack of Removable Battery On PSPgo