Feeds

PlayStation 2 auctions net sellers 4900% profits

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

  • alert
  • submit to reddit

Top three mobile application threats

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

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
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.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.