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spurgeonryan said:

Lol! Didn't Man Bear do this? He made a bad investment. Lol! Where is that joker?

 

 

Thousands Of Scalpers Auction Wii U Only To Break Even

Posted on Monday, November 19 @ 12:03:05 Eastern by Jonathan_Leack
 

The Wii U may have quickly sold out on its first day, but online auctions show that there's more to the formula than meets the eye.

Since the Wii U's launch in North America yesterday, thousands of consoles have ended up on auctions such as Amazon and eBay. On eBay in particular there are currently over 3,800 different sellers with units posted, with many sitting unsold in the $600 - $2,000 dollar range.

What's most interesting is despite the console selling out in stores, recent auctions of the Wii U Deluxe 32GB package have completed for between $396 - $420. When you consider their MSRP of $349 and weigh in the tax and seller fees, scalpers are almost turning a loss.

Maybe this is just due to Nintendo manufacturing enough units to meet demand, or perhaps the demand just isn't there, yet. Whatever the case, until the holiday rush begins we won't really know if the Wii U becomes the scalper item of the season, or if Nintendo has a long road ahead.
Tags:   Wii U, Nintendo

 

If you look at the auctions with open bidding, there are plenty of people willing to somewhat overpay for the console within reason.  The sellers who place an over-inflated Buy It Now price only on their auctions are the ones who will get stuck.  Most people, even the ones who missed chance at pre-order and were too lazy to get up on launch day and pay retail price wouldn't pay more than $100-$150 over retail price point day of/or before system launches.  I mean really, $1,000 for a Basic Model?  That's over 3 times the retail price.  Those type of sellers are out of touch with reality/consumer/marketplace.