Why is Ps5 1000 Dollars at Walmart?

Posted in  ps5 | 2022-03-14

Why is the Walmart PS5 1000 Dollars?

Due to the semiconductor chip shortage and increased demand, these game consoles have been extremely difficult for shoppers to find in stock — at least at the suggested retail price. Third-party resellers have been cashing in by offering the consoles at extremely inflated prices online.

How Much is Walmart Selling the PS5 For?

Walmart is offering the $499.99 PS5 with a disc drive , the $399.99 PS5 console that can only play digital titles, as well as the $499.99 Xbox Series X.

Why is Walmart Overcharging for PS5?

In both instances the console isn't coming from Walmart itself. Instead, the listings are from third-party sellers, who've been able to list products on the Walmart website for quite some time. These are listings that sellers can set the price for, hence the horrific price tags.

How Much should I Pay for a PS5?

The PS5 price is $499.99 in the USA, £449.99 in the UK, and $749.99 in Australia. If you can live without a discdrive and are happy to only have access to digital games then you might want to consider the PS5 Digital Edition price of $399.99 in the USA, £359.99 in the UK, and $599.99 in Australia.

Why does the PS5 Cost $1000?

Right now, PS5 disc editions are going for around $1,000 due to scalpers cleaning up the market and jacking up prices beyond the original $500 retail price. There is still a digital version available but it's also marked up although it's out there for less than a grand.

Why did PS5 Go up in Price?

In order to make up for that higher cost, they have to charge more for their PlayStation 5 than they did for previous consoles. One of the leading reasons these costs have gone up so dramatically is the chip shortage that has been all over the news.

Is there a PS5 Limit at Walmart?

There has just recently been a Walmart PS5 restock available online with a limit of one console per household.

Why is there a Shortage of PS5?

Sony planned to discontinue production of the PS4 at the end of 2021, but limited availability of the PS5 due to supply chain constraints and the semiconductor shortage has forced the Tokyo-based company to change course. The company previously had a target of 22.6 million PS5 units sold in the next fiscal year.