What's up with the Wii?
It's been a year and a half since Nintendo's video-game console came out, causing an immediate sensation and instant sellouts, but the plucky little system is still nearly impossible to find in stores.
That point was driven home for me when my neighbor Bruce Norby dropped by a month ago to ask what the deal was. He was hoping to buy a system in time for his five young kids to play over spring break, but their time off from school came and went without a Wii. He and his wife, Teri, visited store after store, week after week, but came up empty.
It makes you wonder how the Wii has continued to be the top-selling console, selling 432,000 units in February, according to the most recent figures from the industry-tracking NPD Group. Where are people buying all those Wiis?
While the "where" might not be clear, we certainly know who many of those buyers are: prospectors.
Just look on eBay, where hundreds of unopened Wii consoles are listed for sale to the highest bidder. The sellers are trying to capitalize on the wild popularity of the Wii, which has huge appeal to casual gamers because of its gimmicky motion-control game play and relatively low $249 price.
Of course, that low price doesn't mean much in an auction. On eBay, a Wii system generally sells for at least $300 -- often plus exorbitant "shipping" charges of $30 to $40 (aka "extra profit"). And people are buying them.
Worse, many sellers make the system available only as a high-priced bundle, forcing people to buy unneeded or unwanted games and accessories -- many of them inventory-clearing stinkers. Even major retailers do this.