Second-hand dealers in the United States have made a profit of about 58 million dollars by reselling PS5/Xbox S consoles
Resellers reselling PS5 and XSX through eBay and StockX have already made about $58 million in profits. Data engineer Michael Driscoll obtains this data through continuous analysis of the resale market. According to Michael Driscoll, as of January 16, PS5 sales through eBay and other resale sites have reached 143 million U.S. dollars, of which second-hand dealers made a profit of 43.2 million U.S. dollars, and eBay/PayPal/StockX made a profit of 15.9 million U.S. dollars.
Driscoll said that he wrote a script to capture all the PS5 and XSX information sold on eBay. According to his last report, as of December 31, 2020. The second-hand merchant party's profit has exceeded 28 million US dollars (this data does not include the StockX platform).
At present, according to his latest report, as of January 16, eBay and StockX platforms have created sales revenue of US$143 million through reselling PS5, of which the second-hand merchant party has made a profit of approximately US$43.2 million, and eBay/PayPal/StockX has earned Profit of $15.9 million.
Although the next-generation console sales data has not yet been announced, Michael Driscoll said that 10-15% of PS5 in the US were resold, and 15-20% of XSX/S were resold. In the UK, this problem has become so common that it has attracted some parliamentarians' attention. In December last year, they called for legislation to prevent second-hand dealers from reselling game consoles for "huge profits."
In the foreseeable future, the demand for next-generation hosts will also exceed the supply. According to reports, Microsoft expects XSX supply problems will continue into the second half of 2021. AMD, which produces chips for XSX/S and PS5, predicts that supply problems will continue into the first half of 2021.
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