I made $8000 off of selling ps3s.
I guess karma hasn't come back to me yet (though apparently I didn't do anything wrong, if nobody else would have bought them for themselves)

HAHAHAHA! I say get a fucking job instead of selling things that others want - its no better than ticket scalping.

There was a dude sat outside the Future Shop today when I went in to get Excite Truck. The sign in the window said 'PS3 For Sale'. I pulled over and asked him how much.

"$1200" he replied.

I smiled, wished him luck and drove away. I think it's great that all these assholes are finally getting theirs.

More interesting is the sharp drop in price due to increased stock in stores or lack of consumer interest in the system as a whole? I'd be inclined to lean more on the latter if only because even some supporters of the system aren't prepared to buy one now due to either price or software issues.

The first half of 07 is going to be a telling time for Sony and the PS3. This generation appears to be far from the walkover people predicted based on their blind faith in Sony (tut tut fanboys).

"No, you didn't."

Sorry man, but when you make those assumptions you have no idea who you are talking to. Don't think of me as some kid that begged for money from his parents and camped outside to get one. I know how this stuff works, and I know what my time is worth.
$8000 of profit.

Anybody that cashed in on the early profit made a killing off the "gotta have it asap but don't want to preorder or wait in line" guys. The first couple weeks after release it was quite easy to make a couple grand profit. Karma isn't a bitch to smart people. Procrastination is the only bitch here.

Well, bout time... seems like the desperate morons who ignore common sence to buy a system for twice(if not more) it's worth when the system is bound to have a few hardware issues as well a lack of a game library, are finally gone...

Seriously, i seem to always underestimate how stupid some poeple can be. If those morons would just wait a few months they could not only get the console for it's actual pirce, but there might also be a few games out that are actually worth buying... Really, anyone who shelled out more than $600 for their PS3 is a god damn moron... (or fithy stickin rich -.-)

Good to see atleast some of the resellers are recieving some payback from their greed... It's because of both them and the moronic desperate buyers that made the lauch day so damn choatic... (the buyers already got their payback when they bought the cosule for more then what it's worth, when it had no good games out yet)

"I have absolutely no doubt whatsoever that your $8,000 pure profit tale is pure horseshit."

Whatever man. I made it into the local paper since I hired 12 high school kids to wait in various lines.
It's not really THAT implausible to make $8000 profit. I know for a fact that I'm not the only one.

Your an ass Summa. It would decrease my intelligence to tell you why, so your just an ass.

First was the battery recall...
...then the systems locking up (on purpose)...
...then the mishap with the blu-ray and ALL the rest of the hardware...
...now this.

Have you even GONE on ebay? Look at the sellers, look at their seller histories.
High school kids are strapped for cash, and they don't mind sitting outside a store for 24 hours for 100 bucks.
Are you bitter, or something?

Like I said.

Once we start picking through the details, your $8,000 "profit" is going to shrink to about $75 and a 2-for-1 coupon at Quizno's.

I had around $10,000 in my savings account before I did this whole thing. Now I have $18,000, and everything is taken care of. Money doesn't just disappear at such a high rate as you seem to think.
Like I said, I hired 12 high school kids for $100 each. 2 of them are good friends of mine so I trusted them to handle two different "teams", one at circuit city and one at wal-mart. All 12 of them managed to get ps3s.
Me and 2 of my older friends drove to this shithole town near mine, and got away with sitting in line for only 8 hours or so.
15 PS3s total. The two team leaders collected all of them and dropped them back off at my place. It was all pulled off perfectly with no hitches, which was very lucky.
I sold the ps3s right away for an average of $1450.
Then we're talking $50 for shipping, $30 for ebay and paypal fees, $100 for paying the kids.

You think that all these "little details" are going to somehow eat up $850 per system? Look at the specifics, and you'll see that the ebay, paypal, and shipping costs are minuscule compared to the amount of money we're dealing with.

15 PS3s means you made about $530 on each machine to reach your $8000 figure. Does your state have sales tax? Assuming a 10% sales tax and the accuracy of your shipping, fees, and the cost per kid that comes to a COG (Cost Of Goods) of $840 per PS3 ($600 (PS3) + $60 (Tax) + $100 (Kid) + $50 (Shipping) + $30 (Fees)).

That's an average of $1,370 per PS3. That would fall within your $1,450 average.

I doubt you counted the fuel you used to travel and check on the "teams." At $3/gallon, that adds up. Did you buy pizza or coffee and doughnuts for these kids? Anything like that? That counts in your overhead as well. Finally, how many hours did you spend answering emails, checking on auctions, answering queries from buyers, driving to mail items?

When all is said and done, I suspect $8,000 is your high estimate. Sort of how gamblers conveniently forget their losses and salesmen always forget the many hours, days, and weeks they starved before they landed that Big Sale.

I mean if you made say $4,000 and that's in addition to your regular job and you managed to have it take up a minimum of time then congratulations to you. That's a nice profit on your part. However, if all you've had going for the past couple of months is a minimum wage job and a "big" PS3 score then your time is better spent cracking a book so you can make that $4,000 (or $8,000) every month, not once every console launch cycle (every five years).

But if your tale is accurate, then kudos to you. I don't begrudge you your profit. I don't have any problem at all with reselling PS3s or hiring those kids (tell me they were over 16 though).

$2000?!!? For a PS3?!?!?! LOLOLO!!!!!!!!1111111ononeone

I would buy some furniture or cabinets,,,