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Some Scalpers Give Up, Return PS3s To Stores

What are scalpers to do when they can't hock their once white-hot PlayStation 3s on eBay for massive profit? Eh, just return them to the store and get a refund. It seems that PlayStation 3 fever has cooled considerably, if the Hamilton Spectator is to be believed. eBay opportunists looking for a quick buck are having a hard time commanding more than 10% to 20% profit on their PS3s.

Restocked consoles will surely make gamers desperate for a PS3 happy, but retailers probably won't be pleased. And poor scalpers, they'll be making a 0% return on their investment, after sitting on hundreds of dollars of electronics, bundled accessories and games for six weeks.

Awww. I'm going to go clean up this mess caused by the excessive bleeding of my heart.

Scalpers returning PS3s to stores [Hamilton Spectator]

6:40 PM on Tue Dec 26 2006
By Michael McWhertor
1,645 views
41 comments