Xbox 360 on eBay? $5,000 and up

[mandy]

The suggested retail price for the new Xbox 360 is $399.

As big box retailers quickly sell out of the Xbox 360, some lucky buyers are seeing a nice turnaround on their investment. And more and more are seeing an obscenely profitable one.

By mid-morning, though, one premium system sold for $3,050, with well over a dozen following suit, coming in between $3,000 and $4,000. By mid-afternoon, one buyer was so eager to own one of the new systems paid $5,100...

full article: http://money.cnn.com/2005/11/22/technolo...xbox_ebay/

Xbox 360 buyers resell product on eBay

Forget day trading - the best way to make a buck this holiday season may be to flip your Xbox 360...

...The Redmond company has said it is producing Xboxes as fast as it can, and that there aren't any production problems. Some retailers have said they expect to be able to restock their shelves weekly between now and the holidays,

full article: http://seattlepi.nwsource.com/business/1...boxes.html

[regic]

Some retailers have said they expect to be able to restock their shelves weekly between now and the holidays,

Talk about impatient.  Why don't these bidders wait a week or two and pay retail?  :

[bargainbloodhound]

[quote author=regic link=topic=1399.msg5164#msg5164 date=1132758933]

Some retailers have said they expect to be able to restock their shelves weekly between now and the holidays,

Talk about impatient.  Why don't these bidders wait a week or two and pay retail?  :
[/quote]

You mean you wouldn't pay 12X the suggested list price so you could have it now instead of next month?  :blinkie:  :twistedevil:


$5000 for a game machine... :

[mandy]

Shoppers, beware of the eBay profiteer

Typically, the online auction exerts downward pressure on prices because of the increased competition, but occasionally - when supplies are tight - it becomes a venue for wild profiteering...

In fact, marketing experts say eBay has actually caused a decline in the value of things such as collectibles - whether they be Barbie dolls, Elvis paraphernalia, or Pez dispensers - because the middle man has been cut out of the process...

While the Internet has greased the wheels of competition, it has also actively involved consumers in the marketing process...

full article: http://www.csmonitor.com/2005/1125/p02s01-ussc.html

[mandy]

:blinkie:

New high: Xbox 360 sells for $10,600 on eBay.

[bargainbloodhound]

[quote author=mandy link=topic=1399.msg5198#msg5198 date=1132825586]
In fact, marketing experts say eBay has actually caused a decline in the value of things such as collectibles - whether they be Barbie dolls, Elvis paraphernalia, or Pez dispensers - because the middle man has been cut out of the process...
[/quote]

I'll agree with that 

[quote author=mandy link=topic=1399.msg5202#msg5202 date=1132826847]
:blinkie:

New high: Xbox 360 sells for $10,600 on eBay.
[/quote]

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