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more news
New Halo 2 maps out now
April 19, 2007
Konami merges California offices
April 19, 2007
GameStop launching Elite with 360 trade-in promo
April 19, 2007
Odin Sphere rolls into stores May 22
April 19, 2007
Madden cover secret slips through defenses
April 19, 2007
Pac-Man tourney, cartoon hit Xbox Live
April 19, 2007
Study: Driving games lead to real-life speeding
March 5, 2007
10tacle gets Ready 2 Rumble
March 5, 2007
Worms burrowing into XBL
March 5, 2007
Boise State QB nabs NCAA cover
March 5, 2007
S.T.A.L.K.E.R. G.O.L.D.
March 5, 2007
Namco serves up PSP tennis
March 5, 2007
Halo 3 beta split into two waves?
March 5, 2007
Citizen Zero nixed
March 5, 2007
Winning Eleven demo kicked onto XBL
March 5, 2007
MTV upgrades to Gamer's Week 2.0
November 10, 2006
Cost-cutting puts Atari in black--barely
November 10, 2006
PS3 NBA Live swatted to next season
November 10, 2006
Harker puts stake in next-gen consoles
November 1, 2006
Super Monkey Ball Banana Blitz splits gold
November 1, 2006
Saints Row update addresses lag
November 1, 2006
Japan game charts: October 16-22
October 28, 2006
EA peels out PC NFS Carbon demo
October 28, 2006
Guitar Hero cuts the cords
October 28, 2006
UK street date 'anarchy'
October 26, 2006
100,000 Xbox 360s sold in Oz
October 26, 2006
DDR 360 does a 180
October 26, 2006
No 100GB hard drive for 360
October 24, 2006
No PS3 imports for Europe, says Sony
October 24, 2006
UMK3 surfaces on XBL
October 22, 2006
No Gamerscores for PS3
October 22, 2006
Sony to replace Sixaxis batteries
October 21, 2006
Halo movie in flux
October 21, 2006
Retail Radar: GameCube Zelda gone?
October 20, 2006
100GB Xbox 360 HD on the way?
October 20, 2006
21 PS3 games available 11/17
October 20, 2006
MumboJumbo working on PSP
October 18, 2006
GTA IV getting episodic on PS3?
October 18, 2006
Lumines Live lights up Xbox Live
October 18, 2006
Amazon Japan PS3 preorders snapped up
October 17, 2006
eBay pulls plug on PS3 auctions
October 17, 2006
CEA KO's game summit plans
October 17, 2006
PS3 preorders lead to eBay avalanche
October 13, 2006
NBA Live tipping off tourney
October 13, 2006
Xbox Live down October 17
October 13, 2006
New Halo 2 maps out now
April 19, 2007
Konami merges California offices
April 19, 2007
GameStop launching Elite with 360 trade-in promo
April 19, 2007
Odin Sphere rolls into stores May 22
April 19, 2007
Madden cover secret slips through defenses
April 19, 2007
Pac-Man tourney, cartoon hit Xbox Live
April 19, 2007
Study: Driving games lead to real-life speeding
March 5, 2007
10tacle gets Ready 2 Rumble
March 5, 2007
Worms burrowing into XBL
March 5, 2007
Boise State QB nabs NCAA cover
March 5, 2007
S.T.A.L.K.E.R. G.O.L.D.
March 5, 2007
Namco serves up PSP tennis
March 5, 2007
Halo 3 beta split into two waves?
March 5, 2007
Citizen Zero nixed
March 5, 2007
Winning Eleven demo kicked onto XBL
March 5, 2007
MTV upgrades to Gamer's Week 2.0
November 10, 2006
Cost-cutting puts Atari in black--barely
November 10, 2006
PS3 NBA Live swatted to next season
November 10, 2006
Harker puts stake in next-gen consoles
November 1, 2006
Super Monkey Ball Banana Blitz splits gold
November 1, 2006
Saints Row update addresses lag
November 1, 2006
Japan game charts: October 16-22
October 28, 2006
EA peels out PC NFS Carbon demo
October 28, 2006
Guitar Hero cuts the cords
October 28, 2006
UK street date 'anarchy'
October 26, 2006
100,000 Xbox 360s sold in Oz
October 26, 2006
DDR 360 does a 180
October 26, 2006
No 100GB hard drive for 360
October 24, 2006
No PS3 imports for Europe, says Sony
October 24, 2006
UMK3 surfaces on XBL
October 22, 2006
No Gamerscores for PS3
October 22, 2006
Sony to replace Sixaxis batteries
October 21, 2006
Halo movie in flux
October 21, 2006
Retail Radar: GameCube Zelda gone?
October 20, 2006
100GB Xbox 360 HD on the way?
October 20, 2006
21 PS3 games available 11/17
October 20, 2006
MumboJumbo working on PSP
October 18, 2006
GTA IV getting episodic on PS3?
October 18, 2006
Lumines Live lights up Xbox Live
October 18, 2006
Amazon Japan PS3 preorders snapped up
October 17, 2006
eBay pulls plug on PS3 auctions
October 17, 2006
CEA KO's game summit plans
October 17, 2006
PS3 preorders lead to eBay avalanche
October 13, 2006
NBA Live tipping off tourney
October 13, 2006
Xbox Live down October 17
October 13, 2006
news
Analyst: eBay top holiday console retailer?November 10, 2006, posted by vip
In recent years, console launches have been predictably accompanied by a handful of stories. There's the "people waited in line for days" story, the "launch day theft" story, and the "console fetches ridiculous prices on eBay" story. That last story has become so common that one analyst today told investors eBay could be the biggest seller of new systems this holiday season.
In a note detailing his expectations of the industry-tracking NPD Group's US sales figures for October, Lazard Capital Markets analyst Colin Sebastian predicted that "eBay may emerge as the No. 1 new console retailer this holiday." Sebastian said his research had already found more than 2,000 completed auctions for preorders of the new PlayStation 3 and Wii, with both systems selling for about 250 percent of their suggested retail price. The $599 PS3 is fetching an average of $1,500, according to Sebastian, while the $249 Wii is typically going for about $550.
As for the NPD October tallies, Sebastian expects US console sales to be up between 15 percent and 20 percent, a more reserved point of view than that expressed last week by Pacific Crest Securities analyst Evan Wilson. With last October's game sales tallying up to $365 million, Sebastian's expected tally falls somewhere between $420 million and $438 million.
Sebastian also noted that retailers scaled back their preholiday orders last year as current-gen software declined in advance of the Xbox 360 launch. However, he hasn't seen the same caution from them this year, calling the handheld sector "healthy" and the PS2 market "resilient." He pegged Splinter Cell Double Agent, Madden NFL 07, Tiger Woods PGA Tour 07, FIFA 07, Bully, and Scarface as games among the month's biggest movers.
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