Sony and Microsoft are aware of the situation with resellers, but new consoles are still very hard to come by.
The lack of Xbox Series X and PS5 consoles is an issue that has been present, since both platforms came out at the end of 2020. The resellers have taken advantage of this situation, releasing Highest prices for these products, and earning quite a bit of money in the process. This is the case of Max hayden, a 16-year-old, who has already earned more than 1.7 million dollars selling both devices.
Max resold the consoles he bought, at more than double their normal price.It was through The Wall street journal, that this boy’s case was reported. Buying and reselling the new consoles of Sony Y Microsoft, in addition to pokemon cards, Max has made a profit of $ 110,000. “Some call this process arbitrary,” Max mentioned. “I wrote an essay about this at my school.”
Max has been selling the PS5 and Xbox Series X that he buys, for the amount of 1,100 dollars. This is more than double of the normal price of both consoles ($ 500), and taking into account that both are still very difficult to find for sale, people continue to buy them at these skyrocketing prices. This was not enough for Max, as he has also sold other hard-to-find items, such as shoes and the aforementioned Pokémon cards.
Sony and Microsoft faced with this problem
Sony Y Microsoft they are aware of the situation. Resellers only add to the problem of Lack of components to produce these consoles, and many people have not been able to get them after half a year of their release. Sony is already in the process of remedying the problem, promising that they will quickly fix the situation. Microsoft, for its part, does not plan to replace the Xbox Series X on the market for a long time, and with Halo Infinite on the way, demand for the new Xbox does not appear to be abating.
Would you buy a PS5 or Xbox Series X at double its normal price?
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