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Xbox 360 available Friday at CC?

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Originally posted by: C42
Nothing in particular, just laws in general. Sometimes monopoly laws can be a good thing, sometimes not. Overall the laws in place are better there than not for the most part. Of course there are exceptions, always will be.

Monopoly = only *ONE* provider of a good or service.

That is simply not true in this case.
 
I ordered mine. Its paid for card has been charged. I personally think this shortage is a scam... I live in a town of about 23000 people. A friend of my sisters works @ the walmart here she is the merchadsing manager. They were slated to get 10 Premium and 4 core. However when the shipping manifest came in and then they got delivered they recieved 75 Premium and 10 core. with another shipment ariving on the 23rd of 50 premium and 2 core
 
Originally posted by: zikronix
I ordered mine. Its paid for card has been charged. I personally think this shortage is a scam... I live in a town of about 23000 people. A friend of my sisters works @ the walmart here she is the merchadsing manager. They were slated to get 10 Premium and 4 core. However when the shipping manifest came in and then they got delivered they recieved 75 Premium and 10 core. with another shipment ariving on the 23rd of 50 premium and 2 core


So you are saying Wlamrt is getting boat load? What I noticed is that There are more premium than core...which kind of sucks....
 
Originally posted by: Gibson486
WTF...why are people so bent on reselling at a higher price? If there is a profit to be made, there is a profit to be made. Simple as that. It's how business works. If you have a pencil, how much do you sell it for? The answer: the amount the consumer is willing to pay. If the consumer wants to pay a 3rd party $400.00 over retail, let them.

Ever heard of business ethics?

If someone else is willing to pay that, that is their problem. The problem I have is that I might not get one because the guy standing in front of me that had camped out for 12 hours or something of the sort wants to buy 10+ of them. If there was weekly shipments, that would be no big deal. The next shipment will be sometime around christmas from what I'm told, and then guess what, not only the people that missed out on the first round, but people buying them as gifts will also be in line. So it could end up being until first quarter sometime in 2006 that people can readily get them.

I can live without one, no problem. Just sucks to miss out because someone else is greedy.
 
Originally posted by: Gibson486
Originally posted by: zikronix
I ordered mine. Its paid for card has been charged. I personally think this shortage is a scam... I live in a town of about 23000 people. A friend of my sisters works @ the walmart here she is the merchadsing manager. They were slated to get 10 Premium and 4 core. However when the shipping manifest came in and then they got delivered they recieved 75 Premium and 10 core. with another shipment ariving on the 23rd of 50 premium and 2 core


So you are saying Wlamrt is getting boat load? What I noticed is that There are more premium than core...which kind of sucks....



I was told the same by an ebgames mgr. He said walmart and best buy will quite a few for walk up customers.
 
Originally posted by: C42
Originally posted by: Gibson486
WTF...why are people so bent on reselling at a higher price? If there is a profit to be made, there is a profit to be made. Simple as that. It's how business works. If you have a pencil, how much do you sell it for? The answer: the amount the consumer is willing to pay. If the consumer wants to pay a 3rd party $400.00 over retail, let them.

Ever heard of business ethics?

If someone else is willing to pay that, that is their problem. The problem I have is that I might not get one because the guy standing in front of me that had camped out for 12 hours or something of the sort wants to buy 10+ of them. If there was weekly shipments, that would be no big deal. The next shipment will be sometime around christmas from what I'm told, and then guess what, not only the people that missed out on the first round, but people buying them as gifts will also be in line. So it could end up being until first quarter sometime in 2006 that people can readily get them.

I can live without one, no problem. Just sucks to miss out because someone else is greedy.


ROFL...it is completely ethical....if you want to argue about business ethics, maybe you should check and ask why MS is shipping more premium systems than core systems....oh, it's because they score an extra $100 which each sale. Who cares if it adds extra stuff, they still score $100 extra dollars. And to the people who buy the core, they will end up paying more than the premium for the extras the the premium includes. It's win-win for MS.
 
Originally posted by: emmpee
Originally posted by: C42
Nothing in particular, just laws in general. Sometimes monopoly laws can be a good thing, sometimes not. Overall the laws in place are better there than not for the most part. Of course there are exceptions, always will be.

Monopoly = only *ONE* provider of a good or service.

That is simply not true in this case.

Usually true, in dealing with companies. In this case the xbox hoarders could be seen as one collective unit, shorting the supply for their profit. They, unlike companies, aren't going to be very competitive on price. Actually most will go "Hmm that guy has sold 3 for 900 dollars, that is what I'll set my price, or 1 dollar under" Etc. They might compete, but on a very small level. The smallest amount I see one of the 400 dollar systems going for is 650, and I doubt they will get that low for this first shipment. Companies on the other hand will sell so low that they actually take a loss, to eliminate the competition, or to win over the consumers and then raise the price to make a profit, or find some way to sell an additional item for a profit. Case in point, xbox was sold for a loss, but they made the profit on accessories, games, and xbox live.
 
Originally posted by: davew0670
Originally posted by: Gibson486
Originally posted by: zikronix
I ordered mine. Its paid for card has been charged. I personally think this shortage is a scam... I live in a town of about 23000 people. A friend of my sisters works @ the walmart here she is the merchadsing manager. They were slated to get 10 Premium and 4 core. However when the shipping manifest came in and then they got delivered they recieved 75 Premium and 10 core. with another shipment ariving on the 23rd of 50 premium and 2 core


So you are saying Wlamrt is getting boat load? What I noticed is that There are more premium than core...which kind of sucks....




I was told the same by an ebgames mgr. He said walmart and best buy will quite a few for walk up customers.

What about Sam's Club? Since they are owned by Walmart, I wonder if they will have a few....


 
Originally posted by: C42
Ever heard of business ethics?

If someone else is willing to pay that, that is their problem. The problem I have is that I might not get one because the guy standing in front of me that had camped out for 12 hours or something of the sort wants to buy 10+ of them. If there was weekly shipments, that would be no big deal. The next shipment will be sometime around christmas from what I'm told, and then guess what, not only the people that missed out on the first round, but people buying them as gifts will also be in line. So it could end up being until first quarter sometime in 2006 that people can readily get them.

I can live without one, no problem. Just sucks to miss out because someone else is greedy.

There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.
 
Originally posted by: C42
Originally posted by: emmpee
Originally posted by: C42
Nothing in particular, just laws in general. Sometimes monopoly laws can be a good thing, sometimes not. Overall the laws in place are better there than not for the most part. Of course there are exceptions, always will be.

Monopoly = only *ONE* provider of a good or service.

That is simply not true in this case.

Usually true, in dealing with companies. In this case the xbox hoarders could be seen as one collective unit, shorting the supply for their profit. They, unlike companies, aren't going to be very competitive on price. Actually most will go "Hmm that guy has sold 3 for 900 dollars, that is what I'll set my price, or 1 dollar under" Etc. They might compete, but on a very small level. The smallest amount I see one of the 400 dollar systems going for is 650, and I doubt they will get that low for this first shipment. Companies on the other hand will sell so low that they actually take a loss, to eliminate the competition, or to win over the consumers and then raise the price to make a profit, or find some way to sell an additional item for a profit. Case in point, xbox was sold for a loss, but they made the profit on accessories, games, and xbox live.


Blah blah blah blah blah. There is NO MONOPOLY because dozens of businesses are selling this item for $400, and you could have chosen to purchase this item from any of them.
 
Originally posted by: C42
Originally posted by: emmpee
Originally posted by: C42
Nothing in particular, just laws in general. Sometimes monopoly laws can be a good thing, sometimes not. Overall the laws in place are better there than not for the most part. Of course there are exceptions, always will be.

Monopoly = only *ONE* provider of a good or service.

That is simply not true in this case.

Usually true, in dealing with companies. In this case the xbox hoarders could be seen as one collective unit, shorting the supply for their profit. They, unlike companies, aren't going to be very competitive on price. Actually most will go "Hmm that guy has sold 3 for 900 dollars, that is what I'll set my price, or 1 dollar under" Etc. They might compete, but on a very small level. The smallest amount I see one of the 400 dollar systems going for is 650, and I doubt they will get that low for this first shipment. Companies on the other hand will sell so low that they actually take a loss, to eliminate the competition, or to win over the consumers and then raise the price to make a profit, or find some way to sell an additional item for a profit. Case in point, xbox was sold for a loss, but they made the profit on accessories, games, and xbox live.



Wow...I can't believe peopel still bring that up. All new systems are sold at a loss. It's required. The cost of changing your fab is very high. It's not the system they lose money on, it's the process of making it. Once the fab is fully equipped and ready t go and the teild is high, costs get cut by alot.
 
Originally posted by: Gibson486
Originally posted by: C42
Originally posted by: Gibson486
WTF...why are people so bent on reselling at a higher price? If there is a profit to be made, there is a profit to be made. Simple as that. It's how business works. If you have a pencil, how much do you sell it for? The answer: the amount the consumer is willing to pay. If the consumer wants to pay a 3rd party $400.00 over retail, let them.

Ever heard of business ethics?

If someone else is willing to pay that, that is their problem. The problem I have is that I might not get one because the guy standing in front of me that had camped out for 12 hours or something of the sort wants to buy 10+ of them. If there was weekly shipments, that would be no big deal. The next shipment will be sometime around christmas from what I'm told, and then guess what, not only the people that missed out on the first round, but people buying them as gifts will also be in line. So it could end up being until first quarter sometime in 2006 that people can readily get them.

I can live without one, no problem. Just sucks to miss out because someone else is greedy.


ROFL...it is completely ethical....if you want to argue about business ethics, maybe you should check and ask why MS is shipping more premium systems than core systems....oh, it's because they score an extra $100 which each sale. Who cares if it adds extra stuff, they still score $100 extra dollars. And to the people who buy the core, they will end up paying more than the premium for the extras the the premium includes. It's win-win for MS.


There are different standards of ethics, including moral ethics. Most schools of ethics would find price gouging unethical. MS isn't the most ethical company, but why would they make as many core systems as premium? Most people are going to opt for the premium. Why? Hard drive for one(need it to emulate original xbox games), wireless controller for two, media remote for 3, the faceplate I don't think many care about. So you get about 180 dollars worth of accessories for 100. So for those that want these or 2 of these 3 accessories will opt for the premium, its the more sensible option. MS sees this and knows the core won't sell as well. Perhaps it is MS wants to appeal to the more budget minded, and be able to say "Xbox 360 starting at 299!" in their commercials.
 
Originally posted by: C42
Originally posted by: Gibson486
Originally posted by: C42
Originally posted by: Gibson486
WTF...why are people so bent on reselling at a higher price? If there is a profit to be made, there is a profit to be made. Simple as that. It's how business works. If you have a pencil, how much do you sell it for? The answer: the amount the consumer is willing to pay. If the consumer wants to pay a 3rd party $400.00 over retail, let them.

Ever heard of business ethics?

If someone else is willing to pay that, that is their problem. The problem I have is that I might not get one because the guy standing in front of me that had camped out for 12 hours or something of the sort wants to buy 10+ of them. If there was weekly shipments, that would be no big deal. The next shipment will be sometime around christmas from what I'm told, and then guess what, not only the people that missed out on the first round, but people buying them as gifts will also be in line. So it could end up being until first quarter sometime in 2006 that people can readily get them.

I can live without one, no problem. Just sucks to miss out because someone else is greedy.


ROFL...it is completely ethical....if you want to argue about business ethics, maybe you should check and ask why MS is shipping more premium systems than core systems....oh, it's because they score an extra $100 which each sale. Who cares if it adds extra stuff, they still score $100 extra dollars. And to the people who buy the core, they will end up paying more than the premium for the extras the the premium includes. It's win-win for MS.


There are different standards of ethics, including moral ethics. Most schools of ethics would find price gouging unethical. MS isn't the most ethical company, but why would they make as many core systems as premium? Most people are going to opt for the premium. Why? Hard drive for one(need it to emulate original xbox games), wireless controller for two, media remote for 3, the faceplate I don't think many care about. So you get about 180 dollars worth of accessories for 100. So for those that want these or 2 of these 3 accessories will opt for the premium, its the more sensible option. MS sees this and knows the core won't sell as well. Perhaps it is MS wants to appeal to the more budget minded, and be able to say "Xbox 360 starting at 299!" in their commercials.


Exactly, that's my point. You think you are saving money on this "value" bundle, but in reality, your savings does not equate to a smaller MS profit. MS will make the same amount either way.
 
Originally posted by: emmpee


There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.


Yea because I have a job, because I have bills to pay so I can't take that day off, because I have class. I work, I'm a full time student, and am pursuing a career in professional bodybuilding, so I don't have 13 hours to stand in line. I will stand in line, but can't justify missing class in the morning, taking off from work on both jobs (bodybuilding is essentially a job) to stand in line for over half a day, to get an xbox. Yes having one would be nice, like I said, but I won't die without one. Just sucks that one needs to go to such extremes to get one, because someone else wants to turn a profit on those that cant or won't go to those extremes to obtain one.
 
Originally posted by: C42
Originally posted by: emmpee


There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.


Yea because I have a job, because I have bills to pay so I can't take that day off, because I have class. I work, I'm a full time student, and am pursuing a career in professional bodybuilding, so I don't have 13 hours to stand in line. I will stand in line, but can't justify missing class in the morning, taking off from work on both jobs (bodybuilding is essentially a job) to stand in line for over half a day, to get an xbox. Yes having one would be nice, like I said, but I won't die without one. Just sucks that one needs to go to such extremes to get one, because someone else wants to turn a profit on those that cant or won't go to those extremes to obtain one.


I work....and I am gonna stay in line. If I gett to work late, I simply stay later. If i can't then I make it up during the week. As for being a student, sucks to be you. This is why being on coop rocks.
 
Originally posted by: Gibson486


Exactly, that's my point. You think you are saving money on this "value" bundle, but in reality, your savings does not equate to a smaller MS profit. MS will make the same amount either way.


Not think I'm saving money. I will be saving money. MS might make the same amount, so good for them, everyone wins then with the premium. MS Makes the same amount, you save 80 bucks. Only one losing out there I see would be the reseller, such as wal-mart, best buy, etc.
 
Originally posted by: C42
Originally posted by: emmpee


There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.


Yea because I have a job, because I have bills to pay so I can't take that day off, because I have class. I work, I'm a full time student, and am pursuing a career in professional bodybuilding, so I don't have 13 hours to stand in line. I will stand in line, but can't justify missing class in the morning, taking off from work on both jobs (bodybuilding is essentially a job) to stand in line for over half a day, to get an xbox. Yes having one would be nice, like I said, but I won't die without one. Just sucks that one needs to go to such extremes to get one, because someone else wants to turn a profit on those that cant or won't go to those extremes to obtain one.


Yes, it sucks for you, but you had a choice, and you made it. You could have skipped your job, you could have skipped bodybuilding, you could have skipped a class. You valued those things more than an XBOX360. Because of that, you won't be able to get one that day. It's a choice, and you made it. That's what our nation's economy is based on.
 
Originally posted by: Gibson486
Originally posted by: C42
Originally posted by: emmpee


There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.


Yea because I have a job, because I have bills to pay so I can't take that day off, because I have class. I work, I'm a full time student, and am pursuing a career in professional bodybuilding, so I don't have 13 hours to stand in line. I will stand in line, but can't justify missing class in the morning, taking off from work on both jobs (bodybuilding is essentially a job) to stand in line for over half a day, to get an xbox. Yes having one would be nice, like I said, but I won't die without one. Just sucks that one needs to go to such extremes to get one, because someone else wants to turn a profit on those that cant or won't go to those extremes to obtain one.


I work....and I am gonna stay in line. If I gett to work late, I simply stay later. If i can't then I make it up during the week. As for being a student, sucks to be you. This is why being on coop rocks.

If I show up late, that looks bad on me, hurts in asking for raises and such.
 
Originally posted by: C42
Originally posted by: Gibson486
Originally posted by: C42
Originally posted by: emmpee


There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.


Yea because I have a job, because I have bills to pay so I can't take that day off, because I have class. I work, I'm a full time student, and am pursuing a career in professional bodybuilding, so I don't have 13 hours to stand in line. I will stand in line, but can't justify missing class in the morning, taking off from work on both jobs (bodybuilding is essentially a job) to stand in line for over half a day, to get an xbox. Yes having one would be nice, like I said, but I won't die without one. Just sucks that one needs to go to such extremes to get one, because someone else wants to turn a profit on those that cant or won't go to those extremes to obtain one.


I work....and I am gonna stay in line. If I gett to work late, I simply stay later. If i can't then I make it up during the week. As for being a student, sucks to be you. This is why being on coop rocks.

If I show up late, that looks bad on me, hurts in asking for raises and such.


Well, then look for a flexable job.
 
Originally posted by: emmpee
Originally posted by: C42
Originally posted by: emmpee


There is *NOTHING* stopping you from waiting in line for 13 hours and being ahead of that guy. Oh, you can't because you have a job? He probably does too. It doesn't mean anything in this context.

"There was a limited supply, and I could have bought one, but I chose not to wait in line" does not constitute price gouging.


Yea because I have a job, because I have bills to pay so I can't take that day off, because I have class. I work, I'm a full time student, and am pursuing a career in professional bodybuilding, so I don't have 13 hours to stand in line. I will stand in line, but can't justify missing class in the morning, taking off from work on both jobs (bodybuilding is essentially a job) to stand in line for over half a day, to get an xbox. Yes having one would be nice, like I said, but I won't die without one. Just sucks that one needs to go to such extremes to get one, because someone else wants to turn a profit on those that cant or won't go to those extremes to obtain one.


Yes, it sucks for you, but you had a choice, and you made it. You could have skipped your job, you could have skipped bodybuilding, you could have skipped a class. You valued those things more than an XBOX360. Because of that, you won't be able to get one that day. It's a choice, and you made it. That's what our nation's economy is based on.

Hopefully I can still get one. I'll try sams if wal-mart is out, and hope they have some. I'll stand in line, just can't stand in line for many hours. You are right though, my job that is what allowed me to earn the money for the xbox is more important, bodybuilding is more important(I can delay my workout, but not my meals that go along with this lifestyle), already missed 5 weeks of class due to Rita, can't miss anymore class than I already have. So yea I value those things more.
 
Originally posted by: Gibson486


Well, then look for a flexable job.


In any job I wouldn't show up to work late without good reason (car problems/family emergency, etc). I don't care where you work, being reliable is very important. If your manager/supervisor cant trust you to show up on time, then what good is it to keep you there? There is someone that will do your job happily and show up on time. There are reasons to be late/miss work, shopping is not one to me. Just part of my standards.
 
Originally posted by: southpawuni
YOU have a PHD? Wow.

You must be a liberal commie then.
The system sure failed on you.
.
.
.

Boy, you talk a lot of ****** for a lowly graduate student who doesn't know much about the world... Are you a graduate student in Econ or Business or something? Any idiot could do that...

And calling someone a commie because they don't like immoral sales tactics? What is this? The return of McCarthyism?

Which words do you not understand? Do you have a dictionary on hand?

I UNDERSTAND supply and demand. Just because you CAN do something doesn't mean that you SHOULD.

I've learned that, in life, what goes around comes around. Even if it doesn't, I feel better knowing that I did the right thing instead of having a guilty conscience over making a quick buck at other peoples' expense.

There is nothing wrong with making an honest buck in the capitalist economy. But perhaps the reason I am not a cut-throat businessman is that I refuse to compromise my principles to get ahead.

After all that has been described here, if you still can't see a moral problem with hording items to sell at a higher cost, that's your problem. And I feel sorry for anyone who ever has to do business with you.
 
why are u all complaining? in the end everyone wins and this si why:

someguy is going to sell for 1000. some other guy is going to steal his potential customers by selling for 900. some other guy is going to try and take HIS customers byt sellinf for 750. some chick is going to try to steal that guys customers by selling for 600. and so one and so on.
These consumers react by bidding prices up in competition with other buyers (bidding is how buyers compete) much like an auction for a single piece of art. As these prices are bid upwards, some buyers drop out of the market reducing the overall rate of consumption. [Press Price Adjustment] Sellers react to the presence of higher prices by allocating resource inputs from other uses towards production of this particular good.

Thus in our models of the market place, Competition provides the gravity to maintain or restore the equilibrium price. If surpluses exist, competition among sellers force prices downwards. If shortages exist, competition among buyers force prices upwards.

In typical market models surpluses are the result of market prices exceeding the equilibrium price such that price-cutting behavior helps restore this equilibrium price. Shortages are the result of market prices taking values below the equilibrium price such that bidding restores the equilibrium price.

In the above model, the unusual demand curve may be the result of speculative behavior by buyers. In this case, individuals are making purchasing decisions not for final consumption of this particular good, but rather in the expectation of resale of the good at an even higher price. As prices are bid upwards, these expectations are confirmed thus leading to further increases in the rate of purchase. Ultimately, prices rise to such a level that expectations of further increases are no longer realistic. At this point in time, the prices that have been inflated by these expectations (much as a bubble expands) collapse. The speculative bubble begins to burst resulting in a collapse in the market.
with all this talk of economics, no one mentioned game theory or equilibirum.

although this is all in theory. everyone might just sell at 1K, hahahha. I know i will 😉
 
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