ps3


 * PLAYSTATION 3**

Playstation 3 is a game console created by Sony. It is the third of the Playstation series. There are two system. One contains a 20gb memory and the retail price is $549 cdn. The premium contains 60gd of memory and the retail price is $649 cdn. The official release date for Canada is November 17, 2006. The current compeition is the Nintendo Wii, which will be released on November 19, 2006. PS3 also competes with the Microsoft XBox 360. There are many people who stayed overnight to pre-order the PS3. There are also many people who stayed overnight to purchase the limited stock the night before the official launched date. PS3 loses $306 per unit sold while XBox profits $76 per unit sold. As of 9:23 AM on November 17, 2006, 174 PS3 consoles have sold for an average selling price of $2,618.47, and since its availability on eBay in pre-sale (October 17 until midnight last night), 3,533 PS3s have been sold for an average price of $1,788.88. The average price for the week of November 5 was $1,959.73, and the average price of the 334 sold on November 16 was $2,184.85. In a month, the average price has nearly doubled. How long can this go on for?

Can you believe the news the PS3 is generating?

Published: November 17, 2006The Associated Press [|**Violence mars PlayStation 3 US launch; some new owners tempted to sell console for profit**] -this article cites a shooting in Connecticut, two gunmen -product production problems -only 100,000 systems released in Japan last Saturday -400,000 released in US today -aim to release 1 million systems by end of 2006 -post-poned release date in Europe until March
 * ONE: Playstation 3 release in the US:**



By Franklin Paul NEW YORK (Reuters) -
 * TWO: Sony PlayStation 3 debuts in U.S. amid shopper frenzy****Sat Nov 18, 2006 6:45 AM IST[[image:http://i.today.reuters.com/images/spacer.gif height="10"]]**

PS3 on ebay: Hundreds were making big profits reselling newly bought PS3s on Internet auction site eBay Inc. Nearly 800 units, which retail for $500 and $600, had sold online on Friday for an average price of $2,717, bringing the total sold to just over 3,600, according to eBay Marketplace Research. Outlying bids reached $30,000.

Investors are closely watching sales of the PS3 as a key test of Sony's grip on the $30 billion gaming industry, particularly as it faces rising competition from Microsoft Corp. and Nintendo Co. Ltd. [|**Source**]

The first person who trades in their PS3 to Taco Bell will receive $12,500 of taco bell money. Taco Bell intends to donate the PS3 to the Stanton, California teen center of the Boys & Girls Club. $12,500 can get around 20,000 Taco Bell's basic tacos, or a taco a day for the next 54 years!
 * THREE: Trade Your PS3 for Lifetime Taco Supply**

Due to all the 'hype' over the PS3, it seems some individuals were not so excited. There was a team of people who collected investments from people and purchased a PS3. They then walked to the street and smashed it on the ground and hit it with a sledge hammer infront of a line up of people waiting to purchase the system. Does this prove a point? I see it as quite interesting and putting forth the question and idea of why people stand in line for three days just for a video game system they can purchase down the road at not nearly the cost or time expense. Yes, there was profit to be made on eBay, however, is it really worth it? Check out the link! [|www.smashmyps3.com]
 * FOUR: FOR ALL THOSE WHO LOVE THE PS3:**

This system was sold on ebay. The auction was selling at C$152.50. It has been taken off by Ebay.
 * FIVE: PS1 + PS2 = PS3 eBay scam FTW**

six: Many people were injured while lineing up to purchase a PS3. Many of these events included gun shots and people ending up in the hospital.







Works Cited http://in.today.reuters.com/news/newsArticle.aspx?type=technologyNews&storyID=2006-11-18T063551Z_01_NOOTR_RTRJONC_0_India-276680-4.xml

http://www.fiercegamebiz.com/node/1611 http://www.next-gen.biz/index.php?option=com_content&task=view&id=4241&Itemid=2 Images http://www.us.playstation.com/