The NES Classic Edition has been on sale for a few hours now and retailers are already reporting mass shortages. People across the country are expressing their frustrations through social media, as they look to buy the console for the holidays.
The NES Classic Edition is an official console from Nintendo containing 30 NES games built-in to the machine and playable on TV’s through HDMI. The NES Classic Edition gives gamers a chance to relive or experience anew the class console. It updates the consoles with both CRT or Pixel Perfect definition, a feature that displays every pixel as a square, providing an HD appearance.
In light of the shortages, Nintendo of North America tweeted that there will be a steady stream of NES Classics coming through the holidays and into the New Year.
A Prosperous Business
Despite reassurance from Nintendo, scalpers are still selling NES Classics in mass quantities. Some consoles are selling for triple the price of the original. Consumers are continuing to purchase the console from eBay and other similar sites. They hope to obtain a console before they are truly sold out.
Paul Tamburro of Crave said, “This is hugely frustrating for those who wanted to get their hands on a NES Mini this month, and is even more annoying for Nintendo fans who will once again likely find themselves stung financially by the company’s issues with providing a reasonable amount of stock for its hardware.”
In just a few hours, hundreds of consoles hit eBay in waves. Prices for the NES Classic online go as high as as $500. Consumers have been resorting to the higher prices just to obtain a NES Classic.
Supply and Demand
These shortages are not a new concept. In the past Nintendo products have been in short supply and high demand.
Last year, many scalpers sold Nintendo amiibos for exasperatingly high prices while the demand was at an all-time high. This created a secondary market of third-party sellers.
Whether for nostalgia, collectability, or just for the sake of owning 30 of the best NES games in one official device, consumers are determined to obtain NES Classics this holiday season even if it means emptying their wallets to scalpers in the process.
Amazon is set to release the Nintendo Classic later today. They expect the console to be in very high demand and urge consumers to be aware that it will sell out quickly. In a statement on the Amazon product page for the NES Classic, they said they have very limited quantities of the item, but will be receiving additional quantities over the coming weeks.
There’s no guarantee that it will remain in stock for long. Amazon will announce when additional inventory becomes available.