Christmas has been going on, but the latest gaming consoles and high-end video game GPUs are still sold out to retailers and are sold at big premiums on eBay.
While spare market prices for Sony (SNE) – Get the report PlayStation 5 and Microsoft (MSFT) – Get the report The Xbox X series has fallen from the highs they reached after the consoles went on sale in November, although they are comfortably above list prices.
The standard PS5, which has a PVP of $ 499, is still selling for over $ 800 on eBay (EBAY) – Get the report, for example. And the PS5 Digital Edition, which doesn’t have an optical drive and has a PVP of $ 399, usually costs about $ 700.
The Xbox Series X sells for about $ 700 on eBay. That’s a decent premium for the $ 499 purchase price of the console, though less than one of what the PS5 commands, which according to all indications has seen (with the help of a list, possibly higher, of exclusive launch titles), a greater interest of the players.
Meanwhile, the Xbox Series S, which lacks an optical drive and has a less powerful GPU than the X series, typically sells for $ 350 to $ 400. This is a moderate premium for the $ 299 S Series PVP.
Nvidia’s (NVDA) – Get the report RTX 30 Series gaming GPUs also remain hot items after the September and October releases. The high-end GeForce RTX 3090 often changes hands for about $ 2,000, well above its $ 1,499 PVP, as you can see below.
Recent eBay sales of graphics cards powered by Nvidia’s RTX 3090 GPU. Source: eBay.
The RTX 3080, which has a PVP of $ 699, typically sells for between $ 1,200 and $ 1,300. And while Nvidia delayed its launch two weeks in October to try to avoid major shortages, the RTX 3070 still sells for between $ 750 and $ 800 today, well above its $ 499 PVP.
The story is similar for AMD (AMD) – Get the report RX 6000 gaming GPU line, which was launched in November and early December. The flagship Radeon RX 6900 XT typically sells for between $ 350 and $ 400 above its PVP; the RX 6800 XT sells for $ 400 to $ 500 above its $ 649 PVP; and the standard RX 6800 sells for between $ 200 and $ 300 above its $ 579 PVP.
While this shortage and spare premiums for high-end gaming hardware is likely to last throughout 2021, it looks like they will remain in place for the first part of the year, as chip and hardware suppliers they deal with both supplies. chain restrictions and huge demand from consumers who spend more time at home than ever because of COVID.
Both have warned that Sony and Microsoft expect the shortage of their latest consoles to persist into early 2021. In November, Xbox chief financial officer Tim Stuart predicted that the shortage of the Xbox X and S series would last until in the June 2021 quarter of Microsoft.
Similarly, Nvidia CEO Jensen Huang predicted in October that the shortage of RTX 3080/3090 graphics cards would last until 2021. And by the end of November, according to AMD, they are expected to take 4 to 8 weeks to drop the prices of RX 6800 series graphics cards to their MSRPs.
Of course, given the current balance of supply and demand for AMD and Nvidia’s most powerful gaming GPUs, it’s likely that market players with an RX series card 6800 should not hold their breath waiting for a quick return to the MSRPs.
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