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Zippy6 said:
shikamaru317 said:

I think it is pretty telling how well the Amazon renewed Series S units are selling. It has been the top Xbox Series SKU on Amazon from like 2 months now at least I think. Firstly the fact that Amazon was able to obtain so many used units for their renewed program suggests that quite a few bought a cheaper Series S while waiting on PS5 and Series X availability, and then sold that Series S later, and since PS5 supply is fixed and Series X supply isn't, it means that we saw quite a few people move from Series S to PS5 most likely, disappointing for sure. But, conversely, there is good news, because Series S is selling so well Amazon renewed, we do have more people coming back into the Xbox ecosystem to replace them.

The 2nd point, if Series S can sell this well renewed at $260, why in the world is Xbox still trying to sell a new Series S at $300?

The Series S is pretty worthless on the used market here in the UK. I can go on cashconverters right now and order a used series S with a controller for £124 delivered. RRP is £250. That's a really good deal, but in general you can find them for £150 no problem with a bit of looking. I can only assume it's over saturation of the market because I think the Series S was a decent deal for £250 so £150 or less even used is crazy. They made far too many Series S and not enough X.

There are more Series S than people that want them and it's driven prices into the ground.

Yeah, things never got quite that bad over here, Series S was still in pretty heavily in demand even through this past Holiday season in the US, whenever I'd go into my local Walmart last year they would have 1-2 Series S units in stock at most, more often than not no Series S units at all, same as Series X and PS5. The large amount of them that Xbox made for Holiday 2022 finally pushed Series S supply over Series S demand in the US, and we have seen sales numbers at the $300 price tag with no bundled game slack off in the first 4 months of this year as a result. UK on the other hand, I was hearing stories of full display cases in retail stores by mid 2022, so demand for S was clearly met much earlier in the UK than in the US. But no matter which way you look at it now, Xbox clearly has a surplus of S units in their 2 biggest markets for Xbox sales, they're going to have to do something soon or else retailers are going to start to get fed up with how much Series S inventory they have sitting around unsold. They better be planning to announce the first S price cut on the E3-like Summer Showcase or something.