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Gaming prices spike amid console shortages

Gaming prices spike amid console shortages
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Budget-conscious gamers have alternatives to sky high PlayStation prices

Budget-conscious gamers have alternatives to sky high PlayStation prices by Ross Marowits, The Canadian Press Posted Mar 11, 2021 10:04 am EDT Last Updated Mar 11, 2021 at 10:14 am EDT Ben Hoban, 17, of Clarks Summit, Pa., carries his new Sony PlayStation 5 video game console out of a GameStop store on Black Friday, in Dickson City, Pa. Friday, Nov. 27, 2020. THE CANADIAN PRESS/AP, Christopher Dolan/The Times-Tribune TORONTO A shortage of video game consoles during the COVID-19 pandemic has been highly lucrative for resellers like Rick Charles. The 25-year-old project manager has made as much as $500 profit on the sale of each coveted new PlayStation 5. “Everyone kind of knew that Sony wasn’t going to be able to produce to demand and when you have guys that are buying 50, 20 at a time, the average retail buyer is not going to have a chance,” he said in an interview.

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