InTheKnow
@comcast.net
| reply to Ubu
Re: Total BS!
said by Ubu :
My uncle works at Xbox and the employee discount is cost + 10% [of retail] and bought one for him and myself for about $130. The cost of it is $100. I don't think Amazon lost anything - just sold it for cost. Microsoft employees do not get discounts on XBox 360 consoles. Either your uncle doesn't exist, or he is lying to you. |
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Retailrefugee
@cableone.net
1 edit | reply to batterup
High end electronics (ESPECIALLY new game consoles) have a very poor margin. The money is in the accessories and games. Why do you think a lot of stores are only selling "bundles"? |
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Devistater
join:2004-02-13
Clovis, CA | reply to InTheKnow
Gotta love how people will make up things like uncles to try and prove thier "facts" |
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mr3xcellent
@swbell.net
| reply to anonEmouse
You guys need to compare apples to apples... The profit in a dig. camera is nothing like a game system. I worked at Circuit City for three years. Their cost on the original XBOX1 was $304... they literally lost money on every one of them they sold. (Keep in mind they included the cost of shipping the item to the store in their cost)
It's the games and accessories that have a margin in them, and that's where you'll find difference in prices. It's annoying watching you guys argue over the profit in the console when there really isn't any. |
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jakerome
join:2003-03-09
Manhattan Beach, CA
| reply to ChrisAdan650
Not BS. There were probably 10 million people trying to get this deal. They were selling 1000 systems. You probably had a 1-in-10,000 chance of being able to buy one of the cheap XBoxes.
Honestly, the math is this simple: whether or not the site went down is irrelevant. They were selling a fixed number of systems. If the site responded perfectly, you had a 1-in-10,000 chance. If the site was sluggish or down for most people, you still had a 1-in-10,000 chance. Honestly, the math isn't even hard. |
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Daas
@videotron.ca | reply to Retailrefugee
High end electronics has margins you cannot think about... When I'm talking high-end, I'm talking about McIntosh amps, Wilson speakers or Ronco projectors... these articles tend to have a pretty big margin (over 70%)... |
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emptywig
Huh? What?
Premium
join:2002-08-05
Pasadena, TX
| reply to batterup
Most of the computer hardware industry DOES survive on such razor-thin margins. They make up for it in volume. Same with companies like Sam's Club and Costco.
Anyone who sells anything that is considered a commodity deals with tiny margins like 7% or sometimes less. And they CAN survive.
--
Sometimes a paradox is just a paradox |
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emptywig
Huh? What?
Premium
join:2002-08-05
Pasadena, TX
| reply to jakerome
YES! Thank you Jakerome! Common sense and basic mathematics education come to the rescue!
I just roll on the floor holding my gut when people whine "There's no way they sold all of those in 2-3 minutes." Do these people know what the internet is? And that millions of people use it?
--
Sometimes a paradox is just a paradox |
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batterup
I Can Not Tell A Lie.
Premium
join:2003-02-06
Netcong, NJ
clubs:
 ·Verizon Online DSL
| reply to ChrisAdan650
Listen, this is the fact Jack, business 101. A retailer wants a 50% markup at retail. Wall-mart does not pay the same price wholesale as the boutique at the mall. Wall-mart has its own distribution chain that not many retailers can compete with. How many boutiques have a fleet of eighteen wheelers?
Now it is only speculation what a particular retailer paid wholesale for a particular item at a particular time in a particular situation. No one in the world knows the answer to that except that particular retailer. |
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batterup
I Can Not Tell A Lie.
Premium
join:2003-02-06
Netcong, NJ
clubs:
·Verizon Online DSL
1 edit | reply to emptywig
said by emptywig  : Do these people know what the internet is? Yes I know what he Internet is; TUBES, massive massive TUBES, sticky massive TUBES.
With *Net-Neutrality* Amazon, nor anyone else, will ever be able to avoid a situation like this. With *Net-Neutrality* Amazon, nor anyone else, will be able to buy a fast non-sticky TUBE. |
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darkonc
join:2003-07-14
Vancouver, BC
| reply to gc444
said by gc444 :With as many people that knew about this I knew I had little chance at getting one, but perhaps they should look at other ways to sell this stuff so that more people will at least get a shot at it. Not being able to pull up the page means you have no chance, at least with the lottery you have just as good of a chance to win as everybody else. I.E. one in a Million (or more) -- You actually had a better chance getting the X-Box than winning the lottery. The long wait was simply your version of 'getting the last 4 numbers wrong'. The people who got the X-Box were the people who actually managed to get the packet timinhgs that allowed them to complete the transaction in the first 28 seconds that it wasn't sold out.
If your connections took longer than that, then you didn't win the X-box lottery. |
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