There are always shortages when new hardware is released, but if the words of SCEA president Jack Tretton are anything to go by, the launch of the PS4 should see more happy customers than ever before.

Speaking to Fox, Tretton revealed that production yields for the new console have been "phenomenal":

We want to make sure that consumers have an opportunity to buy one on November 15th and through the holidays. We're holding back some inventory to make sure that people have an opportunity to buy one that come in on launch day.

But we can pre-sell every unit we can manufacture and the good news, production yields have been phenomenal, so this will be by a magnitude of a lot the biggest launch we've ever had.

It's going to be the biggest launch in history.

According to reports, Microsoft isn't having quite as much luck with the production of its Xbox One console, although the platform holder has since gone on the record to say that the manufacturing process is going better than expected.

[via mcvuk.com, videogamer.com]