Otter said:
The tweet is from 2017, so its not next year. The first link is Nintendo announcing that its being discontinued which obviously defines it a hard to find item, the follow up tweet months later them announcing they're bringing it back for summer 2018 in Europe. There is a whole 6-9months gap between the announcement and the new stock arriving, I thought that it'd make it clear that this isn't a readily produced product... it's proof that its a device that is understood to have a limited production and remain rare, this has been communicated by Nintendo themselves. I guess I should have just left you with this: https://gamerant.com/nes-snes-classic-discontinued-2018/ Instead of paying $800 for PS5, you can just wait a week and see if it turns up at your local store which it will, its just a case of whether you're lucky enough to get it. A lack of willingness to pay crazy markups does not mean demand is close to being met.... That being said the markup is still pretty generous, so the only thing we can conclude is that demand is NOT being met. |
I have no idea why you posted that tweet then, because it seems like an arbitrary point in time. They launched the NES mini in 2016, and they continued to make more after they did. Then your quote is from 2017 which says they will make more in 2018. Obviously they made these things plenty of times. That is not limited.
At the same time, the resale value was through the roof. Even while they were being shipped to stores, the resale value was through the roof. My wife bought me one for $60 while they were listed on Ebay for $300. So yeah, it was possible to get one, but also very difficult. Demand was a lot higher than supply and that is why the resale price went up so much. It's basic economics. Supply and demand determine the market price. When the mark-up is huge, then there is a big gap between supply and demand. When the mark-up is small, then there is a small gap between supply and demand.
curl-6 bet me that PS5 + X|S sales would reach 56m before year end 2023 and he was right.
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