Mandalore76 said:
src said: PS5 has a 2x premium over XSX. Second hand PS5's can go for an outstanding £500 more than a second hand Series X. The demand for PS5 is simply far far bigger than any console at the moment.
|
src said:
You're only looking at individual listings. That's not how a market works, an order book of bids and asks is what you should be observing.
PS5 has twice the sales and a $100 price premium over Series X. PS5 is way more in demand. |
Um.. you just reduced your original claim of PS5 have a 2x premium over XBox Series X, to agreeing with what I showed of them only being $100 apart. |
You're misunderstanding. Perhaps I should have been clearer.
Average PS5 sells $100 more, has an almost 20% price premium over Xbox.
Top of the asks PS5 is 2x more than Xbox. Bid/asks are a distribution.
As you see, PS5 (includes bundles) is being placed for almost £1400. The distribution of bid/asks leads to many insights. Asks distribution shows the confidence of sellers while bid distribution shows demand of buyers. Where they meet is what is sold.
TLDR: PS5 can be listed 2x over Xbox and is sold on average $100 over Xbox.