Bubbles In Everything: Xbox 360 Update
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One week ago I documented what appeared to be a speculative mania for the new Xbox 360 on eBay, where units were selling for as much as double the indicated retail price (in anticipation of a shortage for Christmas).
Well, I was all set to note that, after one week, the winning bids for the $398 units had fallen from $800 to under $600.
Then I won one myself for $430.
And, given that I will not have to pay New York's 8.625% sales tax, I'm actually getting it at a discount. Neat-o!
It seems to me that the debate over whether the 100% premium a week ago was a rational (or irrational?) "first on the block" surcharge or merely a speculative bubble has been resolved.
Now I just have to hope that I can figure out that weird controller unit -- I'm from the joystick generation.
And I expect all my onlime gamer readers to engage me in cyber-competition once I'm set up.
Well, I was all set to note that, after one week, the winning bids for the $398 units had fallen from $800 to under $600.
Then I won one myself for $430.
And, given that I will not have to pay New York's 8.625% sales tax, I'm actually getting it at a discount. Neat-o!
It seems to me that the debate over whether the 100% premium a week ago was a rational (or irrational?) "first on the block" surcharge or merely a speculative bubble has been resolved.
Now I just have to hope that I can figure out that weird controller unit -- I'm from the joystick generation.
And I expect all my onlime gamer readers to engage me in cyber-competition once I'm set up.
All Related Posts (on one page) | Some Related Posts:
- Galt's Trench?
- Will Xbox Live Gold Be the Next "Just Cancel" Nightmare?
- Open Thread: Which Game to Buy?...
- Episode I
- Bubbles In Everything: Xbox 360 Update
- Bubbles In Everything: eBay's Xbox 360 Mania
Posted by Kip on
12 November 2005
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