"Since the release of the Sony PlayStation 3 console it was apparent that the system was going to be extremely hard to get your hands on. It seems that the PlayStation 3 is slowly but surely beginning to increase in demand to the point where it seems that many consumers out there are not able to come up with the high prices which most paid for the next-generation console.
The high price of the PS3 seems to be beginning to draw people away a bit as supply is reaching demand before Christmas even arrived. At one of my local GameStop locations we actually had a few PlayStation 3 consoles in stock right up until the day before Christmas Eve and they were sitting back there for quite a few days before they were sold.
This compares to the Xbox 360 which launched with a lower price point around the same exact time last year. Microsoft shipped out quite a few Xbox 360 consoles but the demand was so great that it extended way past Christmas and almost into the spring time before demand was met for consumers. Many EB Games and GameStop locations were fulfilling Xbox 360 pre-orders until March after the holiday season due to the amazing demand for the console.
“Last year, at NotifyWire.com, we tracked several one thousand dollar Xbox 360 bundles which would sell out in less than two minutes after becoming available. Just today, a one thousand dollar PS3 bundle was in stock at eToys.com for over 12 hours. This sort of thing didn’t happen with the Xbox 360 until well after Christmas,” said Mr. Drake.
There is no telling just how well the PlayStation 3 will end up doing but it does seem that the high price point is starting to scare away consumers who are not the hardcore early adopters willing to pay anything to get their hands on a next-generation Sony PlayStation 3 console. We will have to wait and see if it balances out or if the demand picks up again as it should be an interesting thing to watch after the holidays."