Quantcast
Connect with us

One in every ten PlayStation 5 units in the US went to scalpers

PlayStation 5, PS5

Scalpers sold between 10-15% of all PlayStation 5 (PS5) units in the US, a new report suggests. The resellers earned an estimated amount of over $40 million in profits from sales.

PLAYSTATION 5 UNITS SOLD TO BE RESOLD

Data analyst Michael Driscoll sampled all of the PlayStation 5 sales in America. Based on his findings, about 7% of all PS5 units sold in the US went through Ebay, while 3-8% more went to other platforms like the Facebook Marketplace. This comprises more than 150,000 units sold through the secondary market. This figure may equate to over $40 million in profits from the resale.

Based on data scrubbed from re-selling websites, Driscoll found that PS5 units are being sold for up to twice its retail price. This equated to about $799 for the digital version and $849 for the disc version.

Interestingly, after the release of the PS5, resellers also jacked up the price for the PlayStation 4. Driscoll observed an increase of 50%, perhaps in hopes of selling units to those who failed to purchase a PS5. More interestingly, sales of PlayStation 4 units in the secondary market tripled as the PS5 went out of stock.

Among major cities of the United States, scalpers sold over 8,000 units OfferUp in Los Angeles alone. Nearly 6,000 units passed hands in New York City, making it top 2 in the list of most scalped PS5 units in the United States.

XBOX SERIES X/S, NVIDIA RTX 30s SERIES, SCALPED AS WELL

Driscoll’s work on the PlayStation 5 is just the latest among a string of investigations he made. Over the past few weeks, he also reported on scalping on other high-demand electronics. Among them is the Xbox Series X/S. Driscoll’s reports suggest scalper sales comprised almost 7% of all sales in the US. Another high-demand product he investigated was the Nvidia RTX 30s series. According to Driscoll’s reports, scalpers earned over $15 million in profits reselling the graphics cards.