Feeds

PlayStation 2 auctions net sellers 4900% profits

Bidding reaches $15 grand - now this is getting silly, folks

  • alert
  • submit to reddit

The essential guide to IT transformation

Updated Sony's PlayStation 2 went on sale in the US yesterday, and while demand is high and supply low, canny consumers are cashing in on the world's desire for the new console.

Early purchasers - or possibly folks who are awaiting their console in the mail - have already begun selling them on, auctioning the next-generation PlayStation on the likes of eBay.

And they're doing very nicely, thank you. An auction on eBay saw bidding reach $6100, though Cnet claims the 15-year-old bidder said he only wanted to bid $610, which is still more than double Sony's asking price.

And now here's another: the bidding closed at $14,999. Mad, they're all mad...

Other auctions have seen prices reach between $1000 and $5000, according to reports from around the Net.

Most folk, we presume, will choose to wait and pay the official $299 price tag. And wait they will have to. Sony allotted just 500,000 units for the US debut, down from one million units thanks to component shortages, and early signs suggest most of them have gone, snapped up by buyers who pre-ordered their PlayStations.

Amazon.com's stock apparently went within minutes of the 12pm PST kick-off. Buy.com's supply of consoles was all gone by 9pm PST. Bricks'n'mortar stores like Toys'r'Us no doubt had a similar experience. ®

Related Links

Ridiculous PlayStation 2 auction on eBay
Even more ridiculous PlayStation 2 auction on eBay

5 things you didn’t know about cloud backup

More from The Register

next story
True fact: 1 in 4 Brits are now TERRORISTS
YouGov poll reveals terrible truth about the enemy within
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?