Sony's PlayStation 5 and Microsoft's Xbox Series S and Series X consoles are finally available worldwide, and they're sold out everywhere. But which console is most popular?
Sony's PlayStation 5 is outselling Microsoft's new Xbox consoles at a rate of nearly two-to-one on the resale market, according to the popular reseller website StockX - Business Insider reports.
Due to the pandemic, millions of people have turned to digital storefronts to purchase the new console. But that has proved nearly impossible: Customers around the world have tried — and failed — to order the consoles through a variety of retailers, mostly to no avail.
With demand vastly outpacing supply, a robust resale market for the nascent consoles has sprung up: The $500 PS5 model is selling for around $900 on the resale site StockX
as of Wednesday morning, while the $500 Xbox Series X is selling
for around $730.
StockX senior economist told Business Insider that the company has facilitated the resale of "more than 60,000 PlayStation and Xbox consoles globally," as of December 8 — approximately three weeks after the launch of Sony and Microsoft's new game consoles in mid-November.
Of those resales, Einhorn said, Sony's PlayStation 5 is outselling Microsoft's new Xbox consoles by a margin of nearly two-to-one. "Across all domestic and international versions (US, UK, and EU), the two PlayStation consoles (Blu-Ray and digital) have been the more popular choice on StockX," he said, "accounting for 62% of console sales to date, compared to 38% for the Xbox (Series X/S)."
And buyers on StockX are skewing toward the disc-based versions of the consoles, he said, whether they're buying a new PlayStation or a new Xbox: The PS5 with a disc-drive outsold its digital counterpart two-to-one, and the same scenario played out for the new Xbox consoles but with an even wider margin.
The Xbox Series X outsold the Series S on the resale market by "well over" two-to-one, Einhorn said. Of note: It's unclear if Sony and Microsoft produced equal amounts of the different versions of their consoles, but it's unlikely.
It's not just you: Most people haven't been able to buy a new PlayStation or Xbox this year.
Since launch in mid-November, thousands of customers around the world have tried and failed to order the new PlayStation and Xbox consoles through a variety of retailers. Some have even described scoring a console as being similar to finding "one of Willy Wonka's golden tickets," according to the Financial Times.