PlayStation 3 Sold on eBay Every Six Seconds

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The newest console from Sony, the PlayStation 3, is in high demand around the world. With an estimated allocation of 400,000 PlayStation 3 consoles for North America the demand is far greater than the supply. During a twelve hour period on November 18th, Sony PlayStation 3 consoles were selling at a rate of one every six seconds on eBay.com. Using Terapeak, an eBay market research tool for eBay sellers, the following analysis was performed for "PlayStation 3" with a price range between $399 -$5,000 USD. On Saturday Nov 18th, over 10,250 Sony PlayStation 3s were sold on eBay at an average price of $1,243 USD.

For a 7-day period, between November 16th and November 22nd over 28,500 PlayStation 3s were sold on eBay at an average price of $1,276. In comparison, last year a little over $23 million worth of Microsoft Xbox 360s were sold in the week following its launch (November 22nd 2005). In addition, Microsoft Xbox 360s sold at an average price of $718 per console, while Sony PS3s were selling at $1,276 per console; yielding a $558 premium over Xbox 360 consoles.

The following information provides further insight into Sony PlayStation 3 activity on eBay in the week following its launch:
On November 18th, 2006:
1. over 2250 PlayStation 3 consoles sold between 8:00 AM - 10:00 AM PST.

November 16th, 2006 through November 22nd 2006:
1. Over 35,000 were listed on eBay.com;
2. 122 units between $4,999 USD - $6,000 USD.

PlayStation 3 Consoles - November 18th, 2006:
- Average Sold Price: $1,243;
- Total Listings: 12,611;
- Successful Listings 10,262.

PlayStation 3 Consoles - November 16th, 2006 through November 22nd 2006:
- Average Sold Price $1,276;
- Total Listings 35,521;
- Successful Listings 28,546.

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