PS3, Wii Auction Prices Fall As (Perceived) Supply Rises; Those Passing Eco 101 Shocked, SHOCKED! At This Development.

In a stunning bit of not-news, eBay auction prices for PlayStation 3 and Wii consoles have been dropping rather precipitously in response to continuing news from Sony and Nintendo that the consoles will keep hitting stores between now and the new year to the tune of millions of each. This should come as a surprise to no one, excepting potential eBay scalpers, apparently, who are barely making their money back these days.
The Fark headline had it just about right, I’d say: “Plastic tarp for camp out at BestBuy: $8. Charge on credit card for PS3: $599. Amount you auctioned PS3 for on Ebay: Pricel… oh wait. $650.”
Heh.