April NPD (Circana): PS5 #1 in dollar sales, switch #1 in units

Gediminas

Boy...
Founder
21 Jun 2022
7,568
9,283
My main problem is that he just asserts things are true and then doesn't even follow the implications of those assertions.

Ok, so series X is supply constrained. Why?
What had microsoft done to address those issues, issues that no other microelectronics manufacturers are currently experiencing and haven't been for the last 9+months? (The oversupply issue is so bad that AMD, Intel, and nVidia are currently firesaling stock within a month of product launch, which is almost unheard of in the industry).

The most telling thing is that there is no deeper analysis of his cherrypicked data. "Whenever series x comes in stock it sells as quickly as the ps5" - lol, ok, how many days a month does it come in stock? If it comes in stock twice a month that's still only 1/15th the volume of ps5 sales. Then there's no answer for the supply vs demand pricing. If the Series X were really in high demand you'd see it being scalped. Instead, scalper sites like stockx have the series x readily available at below retail price. That means scalpers are 100% uninterested, they can't really profit at less than 15% markup from retail.
Who cares about these logical questions, gut feeling is more important..
 

Vertigo

Did you show the Darkness what Light can do?
26 Jun 2022
5,535
5,004
Forza is the only succesful software they have. Makes sense for them to sell that bundle.
 

Darth Vader

I find your lack of faith disturbing
Founder
20 Jun 2022
7,365
10,933
The most telling thing is that there is no deeper analysis of his cherrypicked data. "Whenever series x comes in stock it sells as quickly as the ps5" - lol, ok, how many days a month does it come in stock? If it comes in stock twice a month that's still only 1/15th the volume of ps5 sales. Then there's no answer for the supply vs demand pricing. If the Series X were really in high demand you'd see it being scalped. Instead, scalper sites like stockx have the series x readily available at below retail price. That means scalpers are 100% uninterested, they can't really profit at less than 15% markup from retail.

There's too much logic in your post, but It actually prompted me to check Ebay, and... Yeah, you can get brand new consoles below or at market price (except unopened limited editions, which makes sense) in the USA.

 

Welfare

Forum Veteran
23 Jan 2023
219
364
Just a question:

How can there be a supply issue for the standalone product, if there are enough bundled consoles around, they are preparing the next big bundle and the standalone console is only out of stock for short periods?
Who says it's out of stock for short periods?

I'll keep posting this until someone acknowledges it



"How can there be a supply issue for the standalone product"

I don't know, explain why Best Buy has the X still listed as a High Demand Product

High Demand Product

This item is expected to sell out quickly. To improve your odds of getting one, we've updated our reservation process.


Here's a link to Target, you can search by any city or zip code, go find me one store that is listed as in stock. It'll be in green text In Stock.


I can tell you in Florida that stores only have between 1-4 units if they have units, most of them only having 1-2. That's at Jacksonville, Miami, and Tampa.

New York City has a lot of stores unavailable, and the stores that do have it are mostly only 1 unit.

GameStop has next to none available right now, and the last burst of supply was weeks ago. Not a single GameStop in the Tampa area has a $499 Series X to sell.
@Cool hand luke I honestly think there's no point anymore. This guy will say others need to educate themselves while ignoring established economic theory, the basics of it nonetheless.
No one has proved the $499 Series X has a demand problem or that it doesn't have a supply issue. Which is what my position is.

Boo hoo you guys were wrong, know your wrong, but still try to put up a front that your educated on anything relating to sales. A professional analyst said the same thing I have



But keep moving the goal posts on how Series X isn't actually constrained. I won this little argument the moment Amazon blinked out of stock anyway. Definitely embarrassing for the side that says Series X has a demand issue because, you know, a product with proper supply/demand would not sell out.
My main problem is that he just asserts things are true and then doesn't even follow the implications of those assertions.

Ok, so series X is supply constrained. Why?
What had microsoft done to address those issues, issues that no other microelectronics manufacturers are currently experiencing and haven't been for the last 9+months? (The oversupply issue is so bad that AMD, Intel, and nVidia are currently firesaling stock within a month of product launch, which is almost unheard of in the industry).

The most telling thing is that there is no deeper analysis of his cherrypicked data. "Whenever series x comes in stock it sells as quickly as the ps5" - lol, ok, how many days a month does it come in stock? If it comes in stock twice a month that's still only 1/15th the volume of ps5 sales. Then there's no answer for the supply vs demand pricing. If the Series X were really in high demand you'd see it being scalped. Instead, scalper sites like stockx have the series x readily available at below retail price. That means scalpers are 100% uninterested, they can't really profit at less than 15% markup from retail.
Not having an explanation for why the X is still supply constrained doesn't mean it isn't. That's like saying gravity and Hawking Radiation were invented by Issac Newton and Steven Hawking, not that those always existed until they were proven.

We can have a discussion on the why part though, and I already provided one possible reason. The Diablo 4 bundle that was announced in March is going to take units away today for the June launch. You can say the same thing happened with the Halo Infinite edition in 2021. Those were Series X taken out of potential circulation for a few months and put in November.

Whether or not the $499 also sees a spike in availability with Diablo 4 remains to be seen, and whether or not it's smart to have a $559 Diablo 4 bundle instead of a $499 bundle is also questionable.

Cherry picked lol. Just two of top 5 retailer for video games over here. lmao.

You ask questions that you don't know the answer to but you should come to understand that I have been checking availability of the current gen of consoles basically daily since COVID. When I say Series X is supply constrained it's because throughout most of the month it's not in stock. Very basic understanding required for that one. Then, when it does come back in stock, it can go up to or near the top of the charts. Amazon shows this happening right now, and if the X had the demand some of you think it does, it wouldn't be near PS5, it would be performing like the Forza bundle did, far behind the PS5. Walmart showed this as well when X came in at the start of the month.

The scalper market is irrelevant seeing as the $499 significantly outperforms the bundle. At Amazon, there's near equal demand for the X as the $499 PS5. Wasn't seeing that with the Forza bundle. Also, timeframe, how long should it take for the X to stop selling next to the PS5? It's been a week. Usually low demand consoles stay in low demand, doesn't matter how many units it has available.

"Supply demand pricing" Jesus will you look at the disparity between the $499 SKUs and their bundles.

#29 PS5
#66 GOW Bundle

#30 Series X
#553 Forza Bundle

You know what this shows? That at $499 the Series X has similar demand to PS5. This isn't true at $559. Now how does that prove that the $499 has a demand issue and doesn't have a supply issue?

Again, you all lost. I brought up that the $499 X is supply constrained and none of you disproved it. In fact you've had to side step it by going on about irrelevant shit because you can't admit you picked an argument with me you couldn't win. You guys want to spin Series X as some low demand product and I won't entertain the echo chamber.

One more time. If the Series X wasn't supply constrained, it wouldn't shoot up in sales the moment it comes in stock. It would behave like every other item in existence and sell at a standard pace. According to all of you, that should be a pace far below PS5, as shown in the last few months... when Series X was supplied constrained...



There's too much logic in your post, but It actually prompted me to check Ebay, and... Yeah, you can get brand new consoles below or at market price (except unopened limited editions, which makes sense) in the USA.



No one buys new consoles from ebay. Over 90% of video game sales come from GameStop, Walmart, Target, Best Buy, and Amazon.
 

Darth Vader

I find your lack of faith disturbing
Founder
20 Jun 2022
7,365
10,933
No one has proved the $499 Series X has a demand problem or that it doesn't have a supply issue. Which is what my position is.

Nobody has argued that the Series X at $499 has a demand problem, people argued that the Series X as a whole has a demand problem, which it does. You moved the goalpost to the $499 product because you were, yet again, wrong.

But keep moving the goal posts on how Series X isn't actually constrained. I won this little argument the moment Amazon blinked out of stock anyway. Definitely embarrassing for the side that says Series X has a demand issue because, you know, a product with proper supply/demand would not sell out.

You moved the goalposts, not us. When confronted with the reality that it is not supply constrained, you decided to pick and choose an isolated SKU to try and prove your point. It failed, and now you're on the defensive. This is the same as me saying "oh, the Series X at $449 is supply constrained because there haven't been any units in the market, check mate haters".

Go study economics a bit (after you finished your studies in data analytics) and then come back, you're not fooling nobody, neither here nor on Installbase.

No one buys new consoles from ebay. Over 90% of video game sales come from GameStop, Walmart, Target, Best Buy, and Amazon.

Bold statement, and yet again showing how you love to cherry pick what's convenient to you.
 

Darth Vader

I find your lack of faith disturbing
Founder
20 Jun 2022
7,365
10,933
Gamestop

a7McK5o.png

ECRHSmG.png


Walmart

imK6by7.png


Best Buy

Note: all of them don't have delivery available, but that's a Best Buy problem / decision. It's available to pick up in store. Also... Discontinued for shipping on the console SKU only?

zYsIWqN.png

0iOtzlJ.png


Amazon

dkmys8h.png

5tf92pi.png


Reality - Anyone in the US that wants a Series X can get a Series X, either online or via store. Denying this is denying reality. Denying that a 10% premium causes a demand problem is ignoring basic economics, which dictate that people are willing to pay more for a high demand product that's supply constrained.

Keep on sending postcards and coping, @Welfare
 

ethomaz

Rebolation!
21 Jun 2022
12,086
9,802
Brasil 🇧🇷
PSN ID
ethomaz
I just checked BestBuy and several random ZIP codes I used had Xbox Series X avaiable to pick up 🤷‍♂️
There is no online delivery... you need to go on store.

Edit - I'm talking about the normal SKU that @Welfare keep saying it is sold out :D
 

Sircaw

Pro Flounder
Moderating
20 Jun 2022
6,951
12,204
Been checking Amazon every day for the last week here in the UK, i see series x is available to order.

and that's just a plain black tower with no added games and next-day delivery.


There are also other bundles with Forza.

Seems to be in healthy stock over here in the UK atleast.
 

Darth Vader

I find your lack of faith disturbing
Founder
20 Jun 2022
7,365
10,933
I just checked BestBuy and several random ZIP codes I used had Xbox Series X avaiable 🤷‍♂️
There is no online delivery... you need to go on store.

Just watch the argument "boom, not available for delivery in best buy proves my premise!"

Been checking Amazon every day for the last week here in the UK, i see series x is available to order.

and that's just a plain black tower with no added games and next-day delivery.


There are also other bundles with Forza.

Seems to be in health stock over here in the UK atleast.

No, it's obviously supply constrained, else it would have sold at least as much as the PS5.
 
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ethomaz

Rebolation!
21 Jun 2022
12,086
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Brasil 🇧🇷
PSN ID
ethomaz
I forgot to add... most zip codes I used had more than one Bestbuy around you with Xbox Series X avaiable to pick.
You can choose which store near you to go buy one.
 
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Darth Vader

I find your lack of faith disturbing
Founder
20 Jun 2022
7,365
10,933
I forgot to add... most zip codes I used had more than one Bestbuy around you with Xbox Series X avaiable to pick.
You can choose which store near you to go buy one.

That doesn't count. It's supply constrained, period, my gut feeling confirms that.
 

Alabtrosmyster

Veteran
26 Jun 2022
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Those rankings are normal to me.......on Amazon. For now.

As I explained earlier PS5 has sold a crap load this 1st quarter. It should be selling at a steady pace like this on Amazon at the moment.

Also, GOW bundle was consistently in the top 10 until the price went back to $559. Sales should naturally transfer back over to the regular $499 PS5......on Amazon.

Xbox spiking up temporarily when stock comes in, then dropping, is something that been happening on Amazon. What it is not doing is immediately reaching number one, or even top 10, like it did last year when there was more stock than PS5. Even then, the PS5 still sold more because the demand is higher regardless.

We’ve seen this movie play out too many times already. Green rats get excited because it looks like Xbox sales are increasing and selling more than PS5 (posting screen shots of vgchartz and amazon rankings lol) then reality hits later on.

They do this to themselves. Every single time.
100% this, I think that when sales are good MS will release numbers and this is the only time we can think that their consoles are selling well again. MS can't hold a good PR point, ever.

Until then this is all fan fiction.
 

Alabtrosmyster

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26 Jun 2022
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I can tell you in Florida that stores only have between 1-4 units if they have units, most of them only having 1-2. That's at Jacksonville, Miami, and Tampa.

New York City has a lot of stores unavailable, and the stores that do have it are mostly only 1 unit.

GameStop has next to none available right now, and the last burst of supply was weeks ago. Not a single GameStop in the Tampa area has a $499 Series X to sell.
How about they keep low stocks because they know they will have time to order some more if they run out? otherwise they would keep dozens to keep up with the supply.

That's similar to the launch of the xbone, they xbox console was selling out... but not nearly as fast as the PS4 did.

I think that if MS are not complaining about supply issues you should not make excuses for them, they are probably tightly balancing supply with the demand they see in the market for all we know. Otherwise Phil and his cronies would be out there telling everyone that they would sell much more consoles if they could manufacture more, use that as an excuse or some way to pump their chest.
 

Alabtrosmyster

Veteran
26 Jun 2022
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There's too much logic in your post, but It actually prompted me to check Ebay, and... Yeah, you can get brand new consoles below or at market price (except unopened limited editions, which makes sense) in the USA.
Since the supply problems ended for the PS5 it has been in a similar situation on eBay (which makes sense).

If enough people wanted the product some of them would be willing to pay the premium to get it at a higher price, just like concert tickets.
 

arvfab

Slayer of Colossi
23 Jun 2022
3,298
4,550
Who says it's out of stock for short periods?

I'll keep posting this until someone acknowledges it

As you seem to know everything, can you then please tell the exact times the Series X was or was not available or for how long it wasn't?

"How can there be a supply issue for the standalone product"

I don't know, explain why Best Buy has the X still listed as a High Demand Product

Just trying to get it right:

I understand as supply issue if a product can not be sufficiently

- manufactured
- transported to retail from manufacturing site

Now, if the same product in another package does not suffer from such problems, it sounds to me like there are no supply issues, but that a (business) decision has been taken.

And in this case the decision backfired, because.....*suspense*..... demand is low.
 
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Cool hand luke

Veteran
14 Feb 2023
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Hi I hear you're thirsty. We're out of plain water but we do have water with a sticker on the bottle for just $1 more.

What's that? You'd rather die of thirst? Maybe you weren't that thirsty to begin with.
 
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anonpuffs

Veteran
Icon Extra
29 Nov 2022
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Hi I hear you're thirsty. We're out of plain water but we do have water with a sticker on the bottle for just $1 more.

What's that? You'd rather die of thirst? Maybe you weren't that thirsty to begin with.
Apparently water is so repellant to "thirsty" people that rather than pay a little bit extra, they'll continue to wait for a tiny discount. Actually, based on how much the xbox cultists love waiting, maybe he has a point... maybe they are waiting for microsoft to release the series x on gamepass 🤣🤣🤣
 

Welfare

Forum Veteran
23 Jan 2023
219
364
Nobody has argued that the Series X at $499 has a demand problem, people argued that the Series X as a whole has a demand problem, which it does. You moved the goalpost to the $499 product because you were, yet again, wrong.



You moved the goalposts, not us. When confronted with the reality that it is not supply constrained, you decided to pick and choose an isolated SKU to try and prove your point. It failed, and now you're on the defensive. This is the same as me saying "oh, the Series X at $449 is supply constrained because there haven't been any units in the market, check mate haters".

Go study economics a bit (after you finished your studies in data analytics) and then come back, you're not fooling nobody, neither here nor on Installbase.



Bold statement, and yet again showing how you love to cherry pick what's convenient to you.
How many times does it need to be drilled into your head that the Forza bundle is not indicative of Series X demand?

Also you can't gaslight me. My position has ALWAYS been the $499 X is what needs to be stocked because it was sold out. You people kept going on and on about "the bundle!" like it mattered. It didn't, the primary SKU is what is desired, not some over priced forced bundle.

I accept your concession that you're incapable of rational thought when you say the $499 SKU is an isolated SKU. It's the MAIN SKU.

The denial and cope is hard. You people have it out for me for no reason and got decimated with actual evidence, something none of you are capable of providing without getting refuted.

The ebay point is 1000% correct. No one buys consoles from there. Did you not read the Mat tweet where more than half of purchases are from brick and mortar? And if you've been around the block for awhile, you would know that the 5 major retailers make up over 90% of the market. That's just basic knowledge.

Awfully convenient you also refuse to acknowledge Mat agreeing with me that Series X is hard to find. Nice demand problem there, too much demand and too little supply results in hard to find products. Shocking. Go read a book about that.

Gamestop

a7McK5o.png

ECRHSmG.png


Walmart

imK6by7.png


Best Buy

Note: all of them don't have delivery available, but that's a Best Buy problem / decision. It's available to pick up in store. Also... Discontinued for shipping on the console SKU only?

zYsIWqN.png

0iOtzlJ.png


Amazon

dkmys8h.png

5tf92pi.png


Reality - Anyone in the US that wants a Series X can get a Series X, either online or via store. Denying this is denying reality. Denying that a 10% premium causes a demand problem is ignoring basic economics, which dictate that people are willing to pay more for a high demand product that's supply constrained.

Keep on sending postcards and coping, @Welfare
Hahahahaha you are actually dumb as fuck. I can't be nice anymore when dealing with a troll.

Both GameStop screenshots say OUT OF STOCK HAHAHAHAHAHA

Walmart is a third party seller, so is Amazon for the bundle.

Why don't you check the Target store and see how many units are there. You can do that on the website by clicking the item and then check more stores.

Actual waste of my time, but thanks for the entertainment.

Oh my god he says they can be bought and shows me two screenshots that say out of stock. Incredible. I can't wait to see how that's spun into not looking like a stupid decision.

That's why I can't take anything said here seriously. You people are twisting yourselves into pretzels because you can't admit the "xbot" "green rat" whatever other terms you got is right.
 
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