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[Thirty7ven]

Before I out you on ignore I'll offer you one last piece of advice and that's to improve your reading comprehension.

"Buying up all the stock" and then an incomprehensible "(which they have already made way more than what they need to do that)"

Nobody seems to understand what you mean and my reading comprehension skills will only go as far as your writing skills.

What you probably mean is that scalpers don't put every unit they have on sale, but on eBay usually when it's a big scalper they don't put a single unit for sale, they put the product for sale and give you a shipping date. Some of them say "10 units left" for example.

But scalpers don't want to lose time either because the PS5 isn't a limited run product. As time passes and Sony keeps refilling stock, there's a greater chance the resale value of the product goes down. Specially when the number of people willing to pay a premium goes down. In the first month you could sell a PS5 for a thousand dollars or more on eBay. So the "hoarder" who decided it was smart to wait two months to sell all his stock turned out to be the dumbest scalper in the market.

But you use ignore as a threat even though you started by implying others would be stupid or trolls for not agreeing with your "theory"? Princess you can put me on ignore right now.

 

[ChuckeRearmed]

Useless? Why?

Because PS5 has a price of 500$ and it will generate more revenue simply because it is more expensive than Switch and PS4.
Basically if the next console cost 600$ it will become again the fastest selling for dollar sales.

 

[Tchu-Espresso]

Because PS5 has a price of 500$ and it will generate more revenue simply because it is more expensive than Switch and PS4.
Basically if the next console cost 600$ it will become again the fastest selling for dollar sales.

Why stop at $600 if that is the case?

 

[Zoro7]

Because PS5 has a price of 500$ and it will generate more revenue simply because it is more expensive than Switch and PS4.
Basically if the next console cost 600$ it will become again the fastest selling for dollar sales.

Ps3 must be right up there then. If price is the main driver.

 

[SLB1904]

Ps3 must be right up there then. If price is the main driver.

 

[ChuckeRearmed]

Why stop at $600 if that is the case?

Anecdotally I expect that to happen in the future, but how knows how the technology advances. In fact I suspect that Playstation 5 originally supposed to cost more than their current price of 500.

Ps3 must be right up there then. If price is the main driver.

PS3 was a year later. Different dynamics.
If we look at inflation - basically at that time 499 was akin modern 600+. Very expensive.

 

[Panajev2001a]

Anecdotally I expect that to happen in the future, but how knows how the technology advances. In fact I suspect that Playstation 5 originally supposed to cost more than their current price of 500.


PS3 was a year later. Different dynamics.
If we look at inflation - basically at that time 499 was akin modern 600+. Very expensive.

For me the mystery around PS3 remains the perception of Sony being greedy when they were selling the console $200+ or so below cost...

 

[Ass of Can Whooping]

PS3 was a year later. Different dynamics.
If we look at inflation - basically at that time 499 was akin modern 600+. Very expensive.

That's only if you look at inflation

The percevied value hasn't changed much for you average person. $499 is just as hard to stomach now as it was in 2005

 

[yazenov]

Because PS5 has a price of 500$ and it will generate more revenue simply because it is more expensive than Switch and PS4.
Basically if the next console cost 600$ it will become again the fastest selling for dollar sales.

Such a dumb take to downplay PS5 success.

You think Nintendo can sell a console for 500 and break sales record? As price increases , demand decreases and vise versa, this is generally the mechanics for economy 101.

The fact that Sony broke the Dollar metric records in due to the PS5's high demand and the need for a more premium product. Its like a Ferrari compared to a Toyota. Its foolish to compare them in terms of units since one is vastly cheaper than the other. Both are targeting different segments of the market.

Having said that, I bet once the supply issue is resolved from Sony's side, they will break both the units and dollar records. Nintendo wishes that they can sell a product for $500. That is why they sell their cheap toy for $300 and always prices their consoles lower than the competition in order to compete.

 

[phil_t98]

For me the mystery around PS3 remains the perception of Sony being greedy when they were selling the console $200+ or so below cost...

The PS3 was used to win the format war between blu ray and he dvd , Sony kept the console a year behind the 360 to get blu ray drive in it. They were looking at the bigger picture overall with that.

 

[BootsLoader]

We could also mention Xbox.

Good!

 

[Three]

Revenue and OI are more important than units sold.

If you are an investor or sony sure, but to me install base and quick adoption is more important as it means more investment in PS5 games.

 

[Derktron]

Unless you're trying to imply that scalpers are sitting on a massive inventory of PS5 units that they can't move your distinction is meaningless in this context.

Interestingly enough if you really do count the impact of scalpers the PS5 numbers would be even higher in terms of dollars spent since you'd have to add the premiums they're charging into the final figure.

Yes, I am implying that 50% of sales do come from scapers. While the other is 50% are actual customers. The same goes for the Xbox Series X|S, I mean, after all, I got two chances to get the Series X and was stupid enough to cancel both thinking I was going to get lucky with the PS5 and ended up getting the Series S.

 

[Woo-Fu]

Yes, I am implying that 50% of sales do come from scapers. While the other is 50% are actual customers. The same goes for the Xbox Series X|S, I mean, after all, I got two chances to get the Series X and was stupid enough to cancel both thinking I was going to get lucky with the PS5 and ended up getting the Series S.

I don't understand why somebody who wants a PS5 would buy a Series S instead of simply waiting for wider availability. Insanity, perhaps.

 

[Derktron]

I don't understand why somebody who wants a PS5 would buy a Series S instead of simply waiting for wider availability. Insanity, perhaps.

I don't understand why someone would bitch about someone else's purchases. Lol, I can get whatever the fuck I want. Insanity perhaps.


See how that works. You shouldn't say stupid things and not expect a clap back. If you are that bothered by what I said. Why don't you buy me a PS5 then. Then I can have both Series S (future Series X) a PS5 ..... Ohhh and a gaming PC.

 

[ChuckeRearmed]

For me the mystery around PS3 remains the perception of Sony being greedy when they were selling the console $200+ or so below cost...

So? For the end customer asking more than your competitor has always create perception on being greedy. It was the same with Xbox where people expected it to cost less, but MS failed there. The item can cost 2000$ to produce and sold by 1000$, but for people expecting it to cost 500$ it will always look greedy, especially coming from the extremely successfull cheapest DVD player era

 

[Woopah]

Such a dumb take to downplay PS5 success.

You think Nintendo can sell a console for 500 and break sales record? As price increases , demand decreases and vise versa, this is generally the mechanics for economy 101.

The fact that Sony broke the Dollar metric records in due to the PS5's high demand and the need for a more premium product. Its like a Ferrari compared to a Toyota. Its foolish to compare them in terms of units since one is vastly cheaper than the other. Both are targeting different segments of the market.

Having said that, I bet once the supply issue is resolved from Sony's side, they will break both the units and dollar records. Nintendo wishes that they can sell a product for $500. That is why they sell their cheap toy for $300 and always prices their consoles lower than the competition in order to compete.

Dollar sales they might be able to win but it will be very challenging for PS5 to beat Switch in units in North America.

Of course this is very early days and predictions right now are basically guesswork. But in general I expect the PS5 to do better numbers than the PS4, but not better enough to hit Switch figures.

 

[ChuckeRearmed]

The percevied value hasn't changed much for you average person. $499 is just as hard to stomach now as it was in 2005

I don't think so. I get the impression that despite all the complaints - people are generally richer now than in the past. Even price monsters like 3090 are sold overnight.

You think Nintendo can sell a console for 500 and break sales record?

Yes, Nintendo will sell no matter cost. And they are mostly smart with their pricing anyway, which is to be expected considering that they are toy company at heart.

 

[ReBurn]

I don't think so. I get the impression that despite all the complaints - people are generally richer now than in the past. Even price monsters like 3090 are sold overnight.


Yes, Nintendo will sell no matter cost. And they are mostly smart with their pricing anyway, which is to be expected considering that they are toy company at heart.

All video games are toys.

 

[ChuckeRearmed]

All video games are toys.

But each console company has its roots with toy making. Sega - no idea, Sony - media giant, Miscrosoft - tech.

 

[Woo-Fu]

I don't understand why someone would bitch about someone else's purchases. Lol, I can get whatever the fuck I want. Insanity perhaps.


See how that works. You shouldn't say stupid things and not expect a clap back. If you are that bothered by what I said. Why don't you buy me a PS5 then. Then I can have both Series S (future Series X) a PS5 ..... Ohhh and a gaming PC.

Ease down, Ripley, ease down.

 

[Zoro7]

I don't understand why someone would bitch about someone else's purchases. Lol, I can get whatever the fuck I want. Insanity perhaps.


See how that works. You shouldn't say stupid things and not expect a clap back. If you are that bothered by what I said. Why don't you buy me a PS5 then. Then I can have both Series S (future Series X) a PS5 ..... Ohhh and a gaming PC.

Did you spend your anger meds money on a series S?

 

[Woopah]

So it turns out the PS5 is less than 1 per cent behind the PS4's unit sales record anyway. Probably will hold both records in a month or two.

I don't think so. I get the impression that despite all the complaints - people are generally richer now than in the past. Even price monsters like 3090 are sold overnight.


Yes, Nintendo will sell no matter cost. And they are mostly smart with their pricing anyway, which is to be expected considering that they are toy company at heart.

Nintendo will not sell "no matter the cost". The 3DS proves that.

 

[prinz_valium]

Ps5 sold around 2.5m units in the US in the first 4 months.
Within <1% of Ps4

 

[Ass of Can Whooping]

I don't think so. I get the impression that despite all the complaints - people are generally richer now than in the past. Even price monsters like 3090 are sold overnight.

That really only applies to our generation and older. We've progressed in our careers and earning more money as a result

But the next generation? And the one after that? They're in the same position I was in 15 years ago. Minimum wage or maybe just slightly above it and in the infancy of their careers

 

[MilkyJoe]

PS5 Is the Fastest-Selling Console in U.S. History for Dollar Sales - IGN

The PlayStation 5 is the fastest-selling console in U.S. history by dollar sales, taking the record from Nintendo Switch.

www.ign.com

Off to another great start for PlayStation. There's no stopping this train.

Imagine where we'd be if Sony could produce enough to meet demand.

Fastest sold to bots straight onto eBay

 

[Mercenary09]

PS5 Unit sales are less than 1% away from fastest in US history. That should shut the people up who said dollar sales mean nothing.

 

[Elios83]

PS5 Unit sales are less than 1% away from fastest in US history. That should shut the people up who said dollar sales mean nothing.

PS5 is basically tied within statistical tracking noise with PS4.
It was already well known to those who followed leaked NPD datas and shipments but some people had to cling to whatever doubt there was.
Demand for PS5 is far higher than demand for PS4 back in 2014 and that's with a main SKU costing 100$ more.

 

[Mercenary09]

PS5 is basically tied within statistical tracking noise with PS4.
It was already well known to those who followed leaked NPD datas and shipments but some people had to cling to whatever doubt there was.
Demand for PS5 is far higher than demand for PS4 back in 2014 and that's with a main SKU costing 100$ more.

Yup. This thing would be setting very high records right now if there was enough stock for the immense demand out there for it.

 

[ChuckeRearmed]

But the next generation? And the one after that? They're in the same position I was in 15 years ago. Minimum wage or maybe just slightly above it and in the infancy of their careers

Not necessary. I think the next generation will be richer they are more IT oriented and economy is IT driven basically these days. They are less prone to go after "low earning" or "obsolete" jobs that happened due to fast computerization. Add to that easier access to stocks. Also various ways to earn money like streaming, gaming etc.

 

[Zoro7]

Sony smashing it as usual.

 

[Ass of Can Whooping]

Not necessary. I think the next generation will be richer they are more IT oriented and economy is IT driven basically these days. They are less prone to go after "low earning" or "obsolete" jobs that happened due to fast computerization. Add to that easier access to stocks. Also various ways to earn money like streaming, gaming etc.

They're social media orientated not IT orientated. If they're all going for these IT jobs (what jobs? third line support?) then that's just going to lead to saturation and they'll be low earning. This is what's happening already.

Stocks are long term investments. They aren't going to make young people rich

 

[yazenov]

I don't think so. I get the impression that despite all the complaints - people are generally richer now than in the past. Even price monsters like 3090 are sold overnight.


Yes, Nintendo will sell no matter cost. And they are mostly smart with their pricing anyway, which is to be expected considering that they are toy company at heart.

Oh really? Is that why the Gamecube, Wii, Wii U, DS, 3DS, and Switch are cheaper than their direct competition? Notice the trend? Their consoles are the cheapest in the market because they know they cant compete unless they undercut the competition in price.

Nintendo always sales their consoles cheaper after the PS1 smashed the N64 in sales.

 

[yazenov]

PS5 is basically tied within statistical tracking noise with PS4.
It was already well known to those who followed leaked NPD datas and shipments but some people had to cling to whatever doubt there was.
Demand for PS5 is far higher than demand for PS4 back in 2014 and that's with a main SKU costing 100$ more.

Some of these comments in this thread aged like fine milk. OP should update the thread with this new information.

 

[Thirty7ven]

PS5 is basically tied within statistical tracking noise with PS4.
It was already well known to those who followed leaked NPD datas and shipments but some people had to cling to whatever doubt there was.
Demand for PS5 is far higher than demand for PS4 back in 2014 and that's with a main SKU costing 100$ more.

Oof, don't forget to drink water boys, it's a lot of salt

 

[ChuckeRearmed]

They're social media orientated not IT orientated. If they're all going for these IT jobs (what jobs? third line support?) then that's just going to lead to saturation and they'll be low earning. This is what's happening already.

Stocks are long term investments. They aren't going to make young people rich

IT implies anything related to information technologies - from programming to data science. For now the IT sector is growing very fast and it is a very high earning sector. With the access to modern technologies and social media, modern generation is much more flexible and knowledgeable about trends an technologies. What should I learn to be competitive? What job will allow me to succeed?

Stocks, crypto and other stuff are the things that allow people to earn more money, new means that was not available to the previous generations enmasse. Now a lot of people can earn six figures without even leaving their own houses. People, who could not even work in the past, now have access to jobs. We can know find a job on the other side of the world and get paid higher than in any local area thus we can afford more.

With each generation - aside war & depression - there are more opportunities than before.

 

[Tchu-Espresso]

Anecdotally I expect that to happen in the future, but how knows how the technology advances. In fact I suspect that Playstation 5 originally supposed to cost more than their current price of 500.


PS3 was a year later. Different dynamics.
If we look at inflation - basically at that time 499 was akin modern 600+. Very expensive.

So basically Sony is in a position that it can sell a system for whatever it wants and it will still sell out.

That isn't how the free market works, so why isn't this metric a useful indicator of success?

 

[Derktron]

Did you spend your anger meds money on a series S?

No, I actually had 2 purchases of the Series X, one was going to be for the downstairs living room, and the other was my bedroom. At least I can afford these consoles. Unlike you, it seems. Also buy me a PS5, because you are bothered my boi.

 

[Ass of Can Whooping]

No, I actually had 2 purchases of the Series X, one was going to be for the downstairs living room, and the other was my bedroom. At least I can afford these consoles. Unlike you, it seems. Also buy me a PS5, because you are bothered my boi.

Carry on son and your mother and I will be reducing your monthly allowance

 

[FrankWza]

Then I can have both Series S (future Series X) a PS5 ..... Ohhh and a gaming PC.

Why didn't you just get a series x?

 

[e&e]

Came into thread to congratulate the overtaking of the Switch and the wind got sucked out of the room when I realized it is by dollars!

Edit: Nvm title says dollars lol.

 

[Thief1987]

Came into thread to congratulate the overtaking of the Switch and the wind got sucked out of the room when I realized it is by dollars!

Edit: Nvm title says dollars lol.

Switch? Switch is absolutely irrelevant to this thread.

 

[FIREKNIGHT2029]

Came into thread to congratulate the overtaking of the Switch and the wind got sucked out of the room when I realized it is by dollars!

Edit: Nvm title says dollars lol.

Matt's updated tweet posted above still says it overtook the Switch as fastest selling by hardware unit sales. It's only slightly behind the PS4 launch aligned by less than 1%.

 

[MagnesG]

Matt's updated tweet posted above still says it overtook the Switch as fastest selling by hardware unit sales. It's only slightly behind the PS4 launch aligned by less than 1%.

More like fastest selling launch aligned 4 months in, behind PS4. You know what console who had been multiple times overtaking PS4 launch aligned already? The Switch.

 

[Thief1987]

More like fastest selling launch aligned 4 months in, behind PS4. You know what console who had been multiple times overtaking PS4 launch aligned already? The Switch.

Of course it's about first 4 months, PS5 is 4 months on the market. Relax, no one even says anything bad about your nintendo toy.

 

[MagnesG]

Of course it's about first 4 months, PS5 is 4 months on the market. Relax, no one even says anything bad about your nintendo toy.

I'm just replying to that post? You're the one who needs to relax.

 

[Inviusx]

The fuck kind of metric is "dollar sales"

 

[Thief1987]

The fuck kind of metric is "dollar sales"

The metric that NPD uses, all their charts are revenue, not units, based.

 

[Captain Toad]

The fuck kind of metric is "dollar sales"

What fuck kind of question is this? It's one of the biggest metrics businesses uses and the sole metric of the NPD.

 

[Woopah]

Came into thread to congratulate the overtaking of the Switch and the wind got sucked out of the room when I realized it is by dollars!

Edit: Nvm title says dollars lol.

It was the PS4 that held the record previously, not the Switch.