So, at this point, we've all heard the stories of the pre-order folks getting rid of PS3s for $9,000, and $6,000, (and I do see one or two more on the ps3 search list that have a bid on them for $8,000) but the vast majority are significantly lower than that. There's entire pages of $4900 "buy me nows" without a single bid on them. How are the folks who camped out in line since Tuesday morning faring just a few hours now after the release of the PS3s?
I'm guessing they're not going to fare as well as they'd hoped. A lot of people thought they'd have a net profit of about $2000 (selling them for $2600). However, as Kotaku is diligently reporting, it seems that the vast majority of people camped out in order to sell a PS3 on eBay. I'm guessing that this will probably lead to a flooded market.
At time of this writing, there are a bunch of the pre-orders that have been up for bid for awhile about to sell. One of them is going for $4300. Currently, the rest of them are hovering at the $2,000 to $1500 mark.
If you camped out to buy a PS3, here's the breakdown of how much you'd profit by hour if you've been camped out since Tuesday (72 hours) and you sold them at the going rates:
$4000: $47.22/hr
$2000: $19.44/hr
$1500: $12.50/hr
Will update tomorrow with more price breakdowns.
I'd have to guess the only people crazy enough to pay the >$4000 are corporate expensed ones that for some reason had to have it (e.g. maybe someone at Intel or AMD desperate to start hacking into the Cell? Maybe someone that wasn't on PR's short list, but feels they MUST have that PS3 review done? I dunno).
As for the remainder, I'm guessing some of those $4k ones will float there, in hopes that demand picks up in the weeks before santa comes. I can't imagine they'll stay up that high even at that time.
Posted by: kpallist | 11/18/2006 at 12:57 AM