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- thenet411, on 10/12/2007, -15/+210Game over. PS3 scalpers lose.
- Raian, on 10/12/2007, -4/+54You almost begin to.... until you watch this: http://youtube.com/watch?v=0G0LlXv-nyI
- slimpip, on 10/12/2007, -6/+50I'm confused... all the PS3s I see in that link are going for over $600. The ones that are going for below $600 have reserves on them.
- rocke86, on 10/12/2007, -7/+48This is bad news for Sony, if the ps3 has already reached market saturation, meaning everyone that wants to buy one at the retail price has one, It could be a disaster for the PS3. Sony has burned too many bridges to market this to other audiences. Even a price drop will have little effect since I expect the xbox 360 to drop $100 this spring. Game makers could start avoiding the ps3 due to lack of a big audience causing sales to further decline. 2007 could be the year the ps3 falls taking blu-ray with it.
- vawksel, on 10/12/2007, -2/+41The real problem isn't the "PS3 is bad", its just too expensive even at $600. At that price, it still feels like its "marked up", considering the current game library shows nothing really over the 360 at $400, it seems to be much worse. Lets not even get into the Wii... thats a phenomenon in and of itself.
The PS3 should be $350 for the premium if the 360 is $400. Yes, dump the Blu-Ray, huge mistake including that with your game console.
If the PS3 was $350 (no blu-ray), I really believe it would be doing a WHOLE lot better. - Cam_86, on 10/12/2007, -8/+46Wait, you mean it was a bad move on Sony's part, to say there fans were stupid enough to buy a block of wood with there logo on it?
Seriously, i WANT Sony to crash and burn with the PS3... When they act that arrogant, they are just begging for the fence sitters to go with the 360... Hell, i would rather face the red circle of doom, then buy a PS3 and be called a retard by Sony, while I'm handing over 600$ for a overpriced player with a soon-to-be dead format in it. - inactive, on 10/12/2007, -30/+66"When your recently launched product is being dumped at a loss..."
What a pathetic analysis, dude. Here's what's REALLY going on:
People are smart. They know that everyone lined up to buy PS3s in order to sell them for a profit. They also know there are not enough good games on the system CURRENTLY, but they still have high hopes. So seeing as how the price is too high right now, and the system is still worthless because there's not enough content on it, people are smart enough to wait until summer, or next Christmas, when over a hundred games will be out on the system, the online stuff will work correctly, and you can easily walk into any corner electronics store and buy one.
So yes, PS3 scalpers lose because they're greedy. There are so many of them that the launch of the system was insane. If YOU knew anyone who was guaranteed to buy it, wouldn't YOU have told them to sell it on eBay? That's what happened, EVERYBODY decided to sell theirs. That's what the mistake was -- greed.
So here's what's going to happen:
- The Wii will become Nintendo's biggest hit in over a decade because every non-gamer wants it, so it's prospective audience is massive.
- Xbox 360 will continue selling at a decent (though not spectacular) pace and will be a moderate success in the long-run, likely outselling the original Xbox.
- PS3 sales will be nonexistant until at least April (partly because of supply, and party because there's not enough games yet to warrant a purchase), at which point they'll start picking up, and FAST.
There is no weak console in this generation. All three of these will be very successful. At the same time, none of the 3 companies will come close to replicating the success of the PlayStation 1 and 2. Those days are over. The competition is too strong this time. - inactive, on 10/12/2007, -3/+35I just picked up a PS3 at my local Target today. No lines, no waiting, they actually had them in stock.
- Stonedonkey, on 10/12/2007, -5/+37"Amazing. People thought that prices would skyrocket again right before Christmas. Now it looks like it is almost impossible to make a profit on PS3 with Ebay."
I think everyone bought a Wii or 360 instead :p - OrdoSeclorum, on 10/12/2007, -3/+30Amazing. People thought that prices would skyrocket again right before Christmas. Now it looks like it is almost impossible to make a profit on PS3 with Ebay.
Interesting note: I bought my 360 on Ebay for $100 over invoice in March--four months after launch. It was the cheapest auction I saw in two days of watching. Amazing that PS3 demand has bottomed out in 30 days. - Stonedonkey, on 10/12/2007, -4/+29"People are smart. They know that everyone lined up to buy PS3s in order to sell them for a profit. They also know there are not enough good games on the system CURRENTLY, but they still have high hopes. So seeing as how the price is too high right now, and the system is still worthless because there's not enough content on it, people are smart enough to wait until summer, or next Christmas, when over a hundred games will be out on the system, the online stuff will work correctly, and you can easily walk into any corner electronics store and buy one."
Interesting take. However, it turns out not to be the case. Gamer Joe doesn't care about the game library or eBay. He cares that it's a new PlayStation, but it costs $600 bucks. I talked to a lot of people right before the launch who assumed it was going to drop for $300. $350 at the most. They didn't know jack about the Blu-ray and the HDMI and the memory card reader and that movie with Will Ferrel in it.
When it comes right down to it, the gaming masses are not as "connected" as you think. They're not checking blogs, trading rumors, or scanning release lists. They're walking into a store, looking at the price tag, and either walking out or buying a 360 instead. That is the cold, hard reality of how little influence the Internet has on the mainstream. (Which is why I think Time's latest trip is ludicrous on its face, but that's another matter.)
In general, people aren't smart so much as they are cheap. When the console is reasonably priced, people will buy it, regardless of its library or its rumors or its release list. They'll buy it because Sony's been good to them with the previous two generations, and they'll probably be happy with what they get. - McLumpy, on 10/12/2007, -10/+32That doesn't mean it'll sell.
- Rodalli, on 10/12/2007, -3/+24I was in line for a Wii at a local Super Target early this past Sunday morning (I had one already but was buying for a family member for X-mas), and nearly everyone I spoke to in line was a parent trying to get one for their kid(s) or a former PS3 scalper looking to cash in on the boom in Wii interest. One couple were buying just to turn around and sell on eBay for a profit. I asked them if they had sold any PS3's and they told me they still have 3 PS3's sitting at home that they can't get rid of on eBay or otherwise. They were thinking of selling at a loss while they still can.
Another guy I spoke to was in his early to mid 20's, he's been making a business out of eBay selling PS3's, Wii's and DS Lites online. He spun a tale of similar woe when questioned about the PS3 situation on eBay.
The reality that's surfacing is that demand for the PS3 was destroyed by scalping combined with a lack of supply. With prices jacked up so high at launch time, the moderate gamers and parents just accepted the fact that they would never get their hands on a PS3 for any decent price. Instead, they chose to either get a Wii, which was much more achievable, or just walk into a store and pick up a 360. Either that, or interest in the PS3 was never as strong as was first believed. A combination of low supply and resellers just created the illusion of high demand.
When the dust has settled, hopefully Sony and the other console makers will have learned their lesson: it doesn't pay to launch a console if you can't put any units on the shelf. And maybe the amateur scalpers will learn theirs too: take an economics class before you decide to get into the business of overcharging Middle America for low supply consumer electronics. - McLumpy, on 10/12/2007, -2/+21Nice going Raian. You just made me punch a hole in my computer screen.
- MouseCircus, on 10/12/2007, -2/+18Well, didn't Sony announce that only the first 500k PS3s would come with that crappy movie, Talladega Nights?
My mother heard that you could make a nice profit on the PS3, and bought one just yesterday from a brand new shipment at Wal-Mart. It still had the little sticker on the corner that says it includes Talladega Nights.
Unless Sony changed their mind and decided it was a great idea to include Talladega Nights with every 60GB PS3, then they still haven't even sold 500k.
I seriously doubt that the price drops on Ebay are due to Sony suddenly shipping a million units. - deserted, on 10/12/2007, -1/+17@ Uberninja.
Stop calling people retards and look at what you post.
You posted this as "proof" that PS3s are not going for cheap.
http://cgi.ebay.com/NIB-Sony-Playstation-3-PS3-Console-w-Gift-Receipts_W0QQitemZ140066202074QQihZ004QQcategoryZ62054QQrdZ1QQcmdZViewItem
It includes 1 Additional Wireless Controller, 3 Games, and a 2 Year Warranty. It sold for $811, which is less than at retail with the included items. - mark_in_bc, on 10/12/2007, -3/+19Zelda is better than anything of the PS3 at the moment.
- teamparadox, on 10/12/2007, -3/+19Comparing Sony to Sega is a gaming sin. You shouldnt be allowed near another video game again for saying such things.
- NikZ, on 10/12/2007, -0/+16Was Captain Obvious promoted or demoted? Just curious, I'm not really up with military rankings.
- docbaily, on 10/12/2007, -3/+17"This story is B.S. I mean I see PS3s going for well over a $1000 everyday on eBay. And when you read about the technology in this machine it's a real bargain. I mean I heard that the PS3 is like on the top 10 list of super computers in the world. Plus you can run linux on it. I mean come on.... LINUX. I've never even used linux but I know that it's going to allow me to make this really sweet game that's going to kill everything you've ever dreamed of thinking about. We should all be so grateful to even be allowed to own this technology. $1000+ is the price we should all pay for just thinking about the PS3. Nuff said."
-Every PS3 fanboy ever - Ignignokt01, on 10/12/2007, -2/+16And there's no built-in wireless. They could put Wi-Fi in their 2 year old PSP but not in a $500 PS3 20GB?
- J3yrad, on 10/12/2007, -2/+16@LightsOut
Thats for a bundle, included is a Wii, PSP, and the PS3.
( http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260063597027 ) - Rodalli, on 10/12/2007, -1/+14*shrugs* Meh. Believe me or not, I don't care. Maybe they were *****. They seemed semi-intelligent, decent-enough folk, save for the fact that they were trying to turn a profit on a Wii while 30 other people behind them in line who were trying to get a present for a kid were going home empty-handed. Maybe it's karma that they've been cursed with being too stupid to realize they can just return the thing to the store. Or maybe they're holding out hoping that someone will bid on their overpriced auctions.
It's basic supply and demand. The lack of reasonably attainable supply has killed all reasonable demand. - KillerJ59J, on 10/12/2007, -2/+15I agree. It's not bad, but it isn't anything special. High price, no games...
- Dabellah, on 10/12/2007, -5/+17Well the PS3 story of the release so far (at least imo and to my personal experience) was when my store had 2 in stock, a 20gb and a 60gb. All of the sales associates in media were telling customers of having these two consoles and after a FULL RETAIL DAY at this time of year, NO ONE BOUGHT EM. That's right, not a single person was actually interested in purchasing a PS3 out of countless customers. To me, that's just freaking rediculous. Then on the flip-side, everytime we are rumored to have Wii consoles in stock there are people camping outside once again to pick them all up. We received 24 one morning and there were yet again enough people camped outside to buy every last one of them. Nintendo definitely has a winner on their hands, this is undeniable truth. Sony may very well have the most short-falling console second to only that of the VirtuaBoy (at least there are games for the PS3 =P).
- adml_shake, on 10/12/2007, -1/+13Did you even look? There were at least 5 with under 3 mins to go that were around 400 bucks.
- hobgobbler, on 10/12/2007, -7/+19I for one Never saw this coming.
/:P
suckas - fishmasta, on 10/12/2007, -3/+15Please don't compare Sony to Sega. Sega was known for their great first-party games, even if they didn't have all the third-party support. Sony relies extremely heavily on their third-party line-up and if they left the market, I don't see it as a big loss.
- monkeyness, on 10/12/2007, -4/+15aurrea you got quite a deal, then. Xbox 360 was selling hundreds over retail well into Q1 2006.
- deserted, on 10/12/2007, -3/+14@ Uberninja.
Stop calling people retards and look at what you post.
You posted this as "proof" that PS3s are not going for cheap.
http://cgi.ebay.com/NIB-Sony-Playstation-3-PS3-Console-w-Gift-Receipts_W0QQitemZ140066202074QQihZ004QQcategoryZ62054QQrdZ1QQcmdZViewItem
It includes 1 Additional Wireless Controller, 3Games, and a 2Year Warranty. It sold for $811, which is less than at retail with the included items. - Sabin, on 10/12/2007, -3/+14Ridge Racer 6 on the 360 is nearly the exact same game but with better visuals. Really, the only thing going for the PS3 is Resistance though Gears of WAr stomps all over that. The PS3 will eventually have games that make it worth owning but right now its just a cheap bluray player.
- ChickenHead, on 10/12/2007, -5/+15I don't buy that people are willing to sell them at a loss, especially when they can go right back to where they bought them and return them for full retail value. What's the urgency? Your story sounds a little fishy.
- sixister, on 10/12/2007, -3/+13Good lord, look at em all. How ugly.
- tizz66, on 10/12/2007, -3/+13Get Rayman. It's unputdownable. Trust me.
- posure, on 10/12/2007, -2/+11I've seen PS3's in stock at a Target, a Gamestop, and an EB over the past week. Its almost as if there's no demand for it.
- selfdisplaced, on 10/12/2007, -2/+11you people who keep posting links to PS3 over $1,000 dollars do realise they are bundled with like 2 extra controllers and like 5 games?
- tanameyer, on 10/12/2007, -1/+9Meh... If worst comes to worst those PS3 scalpers can just return their unsold PS3s to the store after Christmas, right? Who wouldn't just return it to the store? Let EB Games eat it. Sure, you'd lose your listing fee, but that's the only loss incurred.
Most stores allow holiday returns until mid-January. As long as the eBayers kept their receipts they should be fine. - inactive, on 10/12/2007, -0/+8You also might want to consider that the window for shipping these consoles before Christmas is rapidly closing. This will have an impact on price as well. There is a value associated with receiving the console before Christmas. This value is impacted in the prices of already listed consoles.
- docbaily, on 10/12/2007, -1/+9Why would I write a witty comment about sony fanyboys in general? I don't have a problem with sony fanboys. I have a problem with people who buy into the marketing bs that Sony has pushed out for the PS3. Sony does produce some really good quality products from time to time.
- carpespasm, on 10/12/2007, -3/+11play what?
- teamparadox, on 10/12/2007, -7/+15aurrea I fail to see how that holds true for the majority of 360's on ebay. I saw quite a few into February that were still selling for $200 over retail. The 360 held its price alot better then the PS3 has which is odd considering all the hype that surrounds a Sony launch.
- p2502, on 10/12/2007, -5/+13Alternatively, Wii sales are going along rather briskly.
http://video-games.search.ebay.com/wii_Systems_W0QQcatrefZC12QQfrppZ50QQfsooZ1QQfsopZ1QQmaxrecordsreturnedZ300QQsacatZ62054 - dethsesh, on 10/12/2007, -0/+8uberninja, you just further assisted the title in proving PS3 is selling low, but you were trying to prove it was selling above retail
the 1st listing was canceled so i cant comment
the second listing sold for 811$. WOW AWESOME!
included
PS3 system - 636 USB Tax incl
extra wireless controller - $53
3 games - $191
Value of items - 880 dollars!
lets unclude ebay fees on that $811 he made, 5%, and paypal fees, 3%
Seller made 746.12, so they lost over 130 dollars
Next auction sold for 780, GREAT!
system $636
game - $64
free shipping - approx $30
looks like they made 50 bucks before ebay listing and value fees, and paypal fees
after the 8% of fees they got 717.6, this is not including listing fees.
Don't sell a PS3 on ebay, you will lose out! - phoenixp3k, on 10/12/2007, -1/+9That is what happens when 80% of the available units end up on the same market. The price goes back to what it was on store shelves. Keep your systems and play it.
- robbiedo, on 10/12/2007, -1/+9What about sales tax, ebay fees, and paypal fees. $725 is probably the break even point on the 60GB model when selling through eBay.
- rick2k, on 10/12/2007, -1/+9How much were you paid to type that?
- hanapbuhay, on 10/12/2007, -2/+10You're getting PS3's that were returned.
- andreo, on 10/12/2007, -3/+10@ philhatesyou
How old are you? Somewhere around 12 or so?
As much as you may hate MS I can say this. Even with the want for more out of the previous operating systems that they released. They did play a major part in taking computers from a hobbyist and business only device to something that people wanted in their homes, even if it was to just play solitaire. Other manufactures tried doing it. IBM brought out the PC Jr and it failed. The closest thing that had major home penetration was systems such as the C64, Vic20, and others from that era.
I know this because I was working in the PC market back when Windows 3.11 was all the rage and PCs were still being sold with only DOS on them. When you had to configure system.cfg files to get sound and single speed CD-Rom drives cost almost 200 bucks.
You think that Linux was going to have people buying PCs? Back then Linux would cause the casual PC user to search for the nearest window to hurl them self out of! You think OS/2 would have made the market grow? Please! IBM cared about its business customers, not someone that wanted to play Sam and Max or Kings Quest until 2AM!
So give a little credit where credit is due. Windows was a big reason for the home market penetration and ease of use that we see today. - culbeda, on 10/12/2007, -2/+9"Xbucks premium cost 400 and only has 3 months warranty out of the box and its garanteed to break within a year. And MS does not provide service as good as Sony. Xbux live cost money."
So how are the benefits at Sony? And do you they you exercise on the rooftop every morning? - andreo, on 10/12/2007, -7/+14No but wait! The PS3 isn't that much different from the 360...
If you, uh, yeah, add on the HD-DVD player and the wireless headset then the 360 premium cost almost as much.
And, uh, if you add on the wireless wheel and some games and the Xbox live subscription and some memory cards and stuff then it cost more!
I just thought I would post that before the Sony fanboys did. Because I see it in every single discussion that contains anything about price.
And I'm all about continuity damn it. -
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