eBay as leading indicator? A tale of two platforms…
While professional analysts are still debating if Playstation or Xbox will win the console wars, friends will know I’ve been eagerly predicting that Nintendo will actually emerge as the victor with their under-powered, crappy graphics Wii.
But that’s just my speculation, here may be early evidential support – from eBay! Below are two clips representing recently completed eBay auction listings. In the first clip, I list the most recent of 80811 ps3 system that were auctioned on eBay in the last month. In the second clip, we find the most recent of 38,978 Wii systems:
The results are quite remarkable. Most PS3 systems are not being sold! Even when hawked with photos of naked girl and dog 🙂 Of the 2 systems in the listing that are sold, one is being sold for merely $25 or 4% above asking! (I have to admit I don’t understand why the second system was sold for $1400, sucker bid?).
Sales of Wii systems on the other hand appear to be a lot more brisk. Most systems were sold, and significantly, were sold for $100-$200 above asking or 40%-80% above asking!
All this is in spite of Sony having far fewer systems for sale than Nintendo. And of course, in spite of the hefty price tag for a PS3, Sony is losing money for each unit sold, while Nintendo is at least breaking even on each unit.
Long NTDOY, short SNE?