Switch Sales Top 108 Million - Global Hardware May 15-21

[curl-6]

Doctor_MG said:

curl-6 said:

It's not going to be a binary and instantaneous switch over from being unobtainable to being freely available though; there will be a long transitional period where it becomes gradually more available while still being scarce enough not quite meet pent up demand and still be highly sought after. Plus, after years of being rare as hen's teeth, it has established an image as a mythical and greatly desirable piece of kit which won't disappear overnight.

Sure, but this just reinforces my point that PS5 won't sell 30M in a single year. As it gradually becomes more available attitudes will begin to shift. By the time it gets to 20M sales in a year we would be seeing them on store shelves no problem. At that point, the scarcity principle no longer applies and demand is no longer amplified. 

The thing about the scarcity principle is that demand doesn't stay pent up for long once something is readily available.

To be fair, I never said it will sell 30m in a year, what I meant was that it could if supply issues weren't a thing. It was more of a hypothetical scenario. I acknowledged that by the time the crunch is over it could be too late for it to happen.

Semantics aside, my general point is that I feel like a lot of folks are underestimating the PS5 by looking at current (strangled) sales and not factoring in just how much pent up demand there is.

Last edited by curl-6 - on 07 June 2022