Sony’s PlayStation 5 console officially launched in the U.S. on Nov. 12 ahead of the worldwide release on Nov. 19, and shocking no one, it looks like players who waited until now to try and order one are having a hard time doing so.
How hard? For starters, the supply appears to be quite limited with a great many people reporting that new consoles sold out immediately on multiple platforms. As of this writing, TheWrap can confirm that retailers including WalMart, Best Buy, Amazon, Target and GameStop are all currently sold out.
That might be why few people reported that they were able to add the new console to their shopping carts only for it to become unavailable before they could finalize purchase. And that’s assuming they could even get to that point, as for just one example, Wal Mart’s website crashed due to high demand moments after PS5 went on sale.
Unfortunately, it looks like a lot of this problem might have been caused by would-be scalpers. At least one of them appears to have been able to purchase dozens of them, which he is now attempting to sell for as much as $1,100 apiece. The PS5 retails for $499 (or $399 for the digital model without a disc drive), but according to CCN, PS5 consoles are being sold on secondary market sites like eBay for up to $2,000 per console, a nearly 120% markup.
Whether that works out for them remains to be seen however. As a lot of people keep pointing out, Sony will continue to manufacture consoles to meet the demand, and the only thing users need to do in order to beat scalpers is simply wait a little bit.
“We understand the frustration customers are experiencing. Unfortunately pre-order inventory is generally limited, so some retailers may be out of stock. We are working hard to meet demand and we appreciate your support and interest,” Sony said in a statement.
Of course, gamers took to the internet to express their joy at finding a PS5 — or rage at the inability to get one — check out those responses below.
We understand the frustration customers are experiencing. Unfortunately pre-order inventory is generally limited, so some retailers may be out of stock. We are working hard to meet demand and we appreciate your support and interest.
— Ask PlayStation (@AskPlayStation) November 13, 2020
— buffalo716 (@buffalo71Six) November 10, 2020
Tried to get 3 PS5’s yesterday but was being charged $1200 a console, i respect folks hustle but that was a tad bit too much. #Respectfully
— Chad Johnson (@ochocinco) November 13, 2020
If my girl comes home without my PS5 she ain’t my girl anymore
— Josh Hart (@joshhart) November 13, 2020
Also u prolly dont deserve a ps5 don’t ask her
— SZA (@sza) November 13, 2020
Also, giving celebrities and tech youtubers who are more than financially capable of buying them, giving them these consoles for free for advertising purposes pisses me off even more. Microsoft and Sony don't need to advertise their consoles anymore, we will buy them regardless.
— ke✌in (@_kevron) November 9, 2020
I don’t understand why people are reselling the PS5….it’s not in limited stock. Sony is going to restock the device because there’s a demand for it…now you have 10 PS5s and credit card debt https://t.co/iIUihCmgSB
— TRILLIONAIRE 🇭🇹🇯🇲 (@IT_Trillionaire) November 13, 2020
The only way to beat the scalpers is to wait for Sony to restock. The PS5 is not a limited edition console you will eventually get yours
The real losers are the scalpers who spent obscene amounts of money only to have a shit ton of consoles without making a profit
— Are you Motty or Nice?🎄🎁🐙🎢 (@MottyXyloto) November 13, 2020
Me and my roommate leaving Best Buy with no PS5’s pic.twitter.com/UUkBnoRTUd
— Steven Castillo (@STEEEZUSCHRIST) November 13, 2020
unplugging the ps4 to hook up the ps5 pic.twitter.com/qtLQMqbbmD
— Ryan Disdier (@ryandisdier) November 13, 2020