What's up with Xbox?
As I was home over this past Thanksgiving break, all the rage was surrounding the release of the new Microsoft Xbox 360 game system, and while there was a lot of hype, many hopefuls went home empty handed due to Microsoft's limited supply of systems. Today I read an article from the BBC news commenting on all the craziness that occurred today for the UK's release of the the new Xbox. Similar to the U.S., excited Xbox fans waited hours for the chance to get a system. The article also commented on something that I had noticed when I was home for the holidays, which was the amazing markups of the new system on Ebay, etc. When I was home, people were bidding on a new Xbox for well over $1200! To me, it was crazy that someone would put up that kind of money, for a game system, but it also got me wondering, why was Microsoft being so limited in the number of systems they were distributing? As I think about it now, I am wondering if they are trying to artificially drive up demand. I mean, what's their strategy? To me, it remains a true mystery!