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[ladycozzette]

PS3 Prices Slump

On Monday, PlayStation 3 consoles in their last five minutes of auction were listed on Ebay at prices between $650 and $910. Some ambitious sellers had listed consoles at prices around $1500 but they had fetched no bids. Prices of Wiis in the last five minutes of their auction period varied between $320 and $510.

On Japan's Yahoo

Comments

Confounded Capitalist

[royrossi]

I have absolutely NO CLUE about these things, so I ask: Won't more of these eventually be made? I mean, this isn't like a concert ticket where you run out of seats. Won't the manufacturer eventually make more of these things and sell them at stores again since people seem to want them?

Re: Confounded Capitalist

[ladycozzette]

Yes, In fact many companies such as EB Games, Wal-mart and Best-Buy only sold a small portion of thier intial invoice so as to have plenty for the christmas season.
Its all a stupid marketing tactic to drive up the release date sales.

Confused Consumer

[royrossi]

OK. So, knowing that there would be more PS3's forthcoming, why would some people actually pay some ridiculous price to some asshole buying up all the PS3's? I mean, it's one thing to get screwed, it's another level to shove the screw up your own ass? The only thing I can think of is to "Get it now". There has got to be a better reason, right?

How much do these things cost at the store?

Sorry to ask you how these people are thinking, but I know NOTHING about this whole phenomenon. I am from another era and obvioulsy missing something here.

Re: Confused Consumer

[ladycozzette]

well to begin with, most people dont realize that retailers are soon-to-be well stocked. No one checked out all of the numbers to realize that although (for example) best buy recieved 45 untis for release day, they only sold 6