XBOX 360

[joshman1204]

I just got mine on pre-order from bestbuy and was wondering how many other people have one on order.

Also should I open it or save it unti labout two weeks before christmas and then Ebay it?

[siccjay]

I heard somethin about them going for $800 on eBay.

[toss]

Seriously $800? Who knows. There might be a shortage and the Christmas Season is coming up...

$800 bucks???? I wopn won of these in the PokerStars blogger tourney. Maybe instead of giving it to the kids I need to ebay it.

yep guys, ebay it.

you know those new "thin" ps2's that came out last year for $200?

I sold 4 for $400 a piece.

I love supply and demand.

[toss]

Now I think I'll wait in line for teh 22nd. I live in the valley and theres only one Best Buys! Sure gonna be fun.

When the PS2 came out 5 years ago, they were going for over $1,000 on ebay. I saw one go for $1,300. I'm guessing that as Christmas approaches, the street price of an Xbox 360 is going to skyrocket.

[joshman1204]

ok that answers it ... that baby is goin in the close until christmas time and then its off to ebay.

Please don't get mad at me if I'm wrong.

I don't think price will get above $1,000. Part of the reason for the high prices of the PS2 was that Sony was severely unprepared for the high demand. Microsoft seems to be much more ready to handle it. Greater supply at stores like Best Buy will reduce the demand on Ebay.

Also, keep in mind that pretty much all of the people waiting in line overnight for PS2's were there because they actually wanted a PS2. A much greater percentage of those waiting for 360's will be doing it with the intention of selling it at a markup. This means the Ebay supply will be higher than it was with the PS2.

However, 360's are currently selling at roughly 50% above MSRP on Ebay, so I can only imagine the price will increase as Christmas approaches.

I could be wrong, though. The economy works in [censored] up ways.

[wonderwes]

There will be a shortage of consoles till Feb 2006. Mark my words.