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The only winner here is the scalper though. Even if true, we only say that after the fact when all the risk in the trade is gone and the profits banked. The t
by leelin 17y ago
The only winner here is the scalper though.
Even if true, we only say that after the fact when all the risk in the trade is gone and the profits banked. The trade could have gone badly and wasted the scalpers' time and money.
If I remember correctly, there WAS a console flip fiasco in Boston (PS3 I think), where the scalpers who waited in line all night didn't wind up profiting.
Edit: first link I found, probably many others...
(http://kotaku.com/gaming/ps3/some-scalpers-give-up-return-ps3s-to-stores-224386.php http://kotaku.com/gaming/ps3/some-scalpers-give-up-return-ps...)
- codexon 17y agoThe problem with that assumption is that everyone already knew that consoles were being sold below cost and the scalpers knew they were in high demand. In the example you just pointed out, Sony just lost market share from that because the scalpers took those consoles away from legitimate gamers who may have even switched to the wii or xbox. And since we all know that the profit is mostly from the games, not the console, this was a lose/lose situation for Sony, the consumer, and in this case, the scalper.