Re:Retail Arbitrage at Walmart [video]
by neaden on Friday November 30, 2018 @01:07PM
(#18571045)
I remember when the PS3 came out. There were a lot of people who were convinced it was going to be in real short supply so bought multiple at midnight launch to sell them on ebay. Unfortunately the demand wasn't really there and a lot of them ended up selling for below cost.
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Re:Retail Arbitrage at Walmart [video]
by colonelxc on Friday November 30, 2018 @01:22PM
(#18571206)
Do you mean PS4? PS3s were very hard to get at the start.
3 PS3s guy: https://www.youtube.com/watch?v=8sjhjFOw4Ok
No, it was PS3s. Here is an article about it from the time: https://arstechnica.com/gaming/2006/12/6406/ the Wii unexpectedly ended up being the real in demand system that Christmas.
> No, it was PS3s. Here is an article about it from the time: https://arstechnica.com/gaming/2006/12/6406/
It doesn't say they had to sell at a loss, just that they didn't get the ridiculous markup they hoped for.
The PS3 really was in short supply and prices did remain elevated. The article mentions that.