| Pipedream24 said: @Greenmedic88 It's not arrogant to assume people would pay more for a Wii. How much were they going for Ebay during '06 an '07 during the holidays? People will spend dumb money on their kids during the holidays. Do you remember Tickle Me Elmo and Furbies? Those were freaking stuffed animals that were being sold for thousands of dollars. And yes I know Nintendo won't raise the price of a system retroactively. But the free market this holiday will say other wise for the third year in a row. |
2006 and 2007 are irrelevant for 2008. Again, demand should be met in most regions considering the amount of time on market as well as the vast increase in production over 2006 and again in 2007.
I still expect to see a slight premium over current secondary market pricing closer to Christmas, but you're deluded or possibly sitting on a pile of Wii consoles waiting for the right time to "make your thousands" if demand skyrockets as you seem to think it will.
Having a limited pool of people willing to pay huge premiums over retail do NOT represent the majority consumer. Hearing about an anecdotal instance where someone pays a thousand for a Wii in 2008 does not mean that's what they're worth to the average consumer, who is probably picking up a Wii right now at RETAIL PRICE since they're now readily stocked.
Console sales aren't static any more than the rates of production. That should really go without saying.
To use your own example: how much does a Furby or Tickle Me Elmo go for right now? Not thousands. Not even hundreds. Retail at best. Hyperinflated prices on any mass produced product are fleeting. The Wii just managed to command a premium longer than most, which is not to say that it will stay that way forever.
