One reseller group snagged nearly 3,500 PlayStation 5 consoles, and the resale market might be the only place to score one after it sold out everywhere online



graphical user interface, text, application: After getting to checkout, PlayStation 5 buyers found out the device had already sold out. Walmart


© Walmart
After getting to checkout, PlayStation 5 buyers found out the device had already sold out. Walmart

  • The PlayStation 5 launched this week in Europe and the United Kingdom, and customers encountered many of the same issues they faced in the US: The console was sold out near-instantly at most retailers.
  • The only way to get a PlayStation 5 at launch was through a preorder, but some retailers sold PS5 consoles digitally on a first-come, first-served basis.
  • A robust resale market for the coveted new game console is at least partially to blame, and that market is dominated by groups that work collectively and use “bots” to buy up as much stock as possible.
  • The manager of one such group told Business Insider that his group is responsible for thousands of PlayStation 5 purchases headed for resale. “You have to put the work in otherwise you literally don’t stand
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PS5 Fury As Amazon Customers Are Sent Cat Food Instead Of Consoles

Amazon U.K. is conducting an investigation following several reports of customers being sent items such as cat food and kitchen equipment instead of the PlayStation 5 they ordered.

The PS5 came out on Thursday, since when there have been a host of reports from Amazon customers that their console was substituted for something far less enticing.

Multiple customers have claimed to have opened the Amazon box, only to find pet food instead of a games console waiting inside.

Other unwanted substitutions have included kitchen equipment and toy guns:

It’s not clear whether the incorrect items are being sent because of mistakes at the fulfilment centers or because of something more sinister. A couple of unconfirmed reports suggest customers saw delivery drivers tampering with packages shortly before they were delivered. Amazon employs several different

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Sony, Microsoft Consoles Struggle With Thin Launch-Day Stock

(Bloomberg) — Sales of Sony Corp. and Microsoft Corp.’s new gaming consoles fell short of their predecessors during their first week in Japan, suggesting persistent supply bottlenecks will hamper the debut of two of this holiday season’s most hotly anticipated gadgets.



a hand holding a video game remote control: A staff member plays a game using Microsoft's Xbox controller.


© Photographer: Jung Yeon-Je/AFP/Getty Images
A staff member plays a game using Microsoft’s Xbox controller.

Sony sold 118,085 PlayStation 5 consoles from its debut on Nov. 12 to Nov. 15, roughly a third of the PS4’s performance over launch weekend, Famitsu estimated. Microsoft tallied 20,534 units of its Xbox Series X and S during the six days from its start on Nov. 10, also shy of the 23,562 that the Xbox One managed during its first few days, the research house said.

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Sony fell as much as 1.6% in Tokyo trading on Thursday and Microsoft was down by about the same amount in New York Wednesday. Both

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DJ Consoles Market Will Showcase Negative Impact During 2020-2024 | Size, Share, Trends, Analysis and Forecast

Technavio has been monitoring the disc jockey (DJ) consoles market and it is poised to grow by USD 111.48 million during 2020-2024, progressing at a CAGR of 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201116005052/en/

Technavio has announced its latest market research report titled Global Disc Jockey (DJ) Consoles Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download Latest Free Sample Report on COVID-19 Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AEB Industriale Srl, Audiotonix Ltd., Focusrite Plc, Global Distribution GmbH & Co. KG, Guillemot Corp. SA, InMusic Brands Inc., INNOVATIVE CONCEPTS AND DESIGN

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Gamers celebrate launch of new PlayStation and Xbox consoles

When he was a child, David Wales would wait in line with one of his parents as the clock approached midnight, so he could be among the first to get his hands on the newest gaming console.

“I’ve been playing games since I was 4. … It’s just something I’ve always done and feels like something I’m always going to do,” Wales, 34, of Texas, said of getting the gaming systems right when they release.

But this year, amid the coronavirus pandemic, Wales bought his console online and picked it up at a brick-and-mortar location to avoid waiting in hourslong lines.

The PlayStation 5 and Xbox Series X consoles are the first to be released by Sony and Microsoft, respectively, in more than half a decade. With the coronavirus forcing people into isolation and hungry for new entertainment, the launches appear to have come at an ideal time — especially

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Are PS5 Consoles In Short Supply? Gamers Face Battle Buying Sony’s New System

KEY POINTS

  • Retailers such as Target are out of stock
  • The system goes for $499, but is $100 cheaper for a digital-only package
  • Sony didn’t stock shore shelves with PS5s because of the pandemic

Gamers on Thursday got their chance to snatch up the latest iteration from PlayStation but supply-chain issues and the pandemic are making it tough to buy.

Sony announced last week its PlayStation5 would be available to the general public on Nov. 12, and a week later in some regions — just not in stores. Pre-orders were available and some Twitter users suggested they were walking out of stores under the watchful eye of the unfortunate.

“What a year,” Jim Ryan, the president and CEO of Sony Interactive Entertainment, said in a statement Wednesday.

In announcing the launch plans last week, the company said that in the interest of keeping people safe during the pandemic, sales would

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