Implications - The game console does have a fairly high price already, but some are paying a much higher price on Ebay. Recently, a user bid $15,100 just for a PS3. This particular auction created a heated bidding war that started off at $10,000 and found its way to the stated purchasing price. What's even more interesting is that this was before the console was released in the UK.
Technology Bidding Wars
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The $15,000 Sony Playstation 3
By: Greg Ponesse - Published: Nov 19, 2006 Updated: Apr 21 2011 • References: consumeraffairs
How much is too much for the new Playstation 3? It is apparent that video gaming's popularity is growing exponentially, but is the demand of these gaming machines just getting out of hand. Should policies be put in place for these gaming manufacturers to avoid these bidding wars?