JC Penney Jacks Up Xbox 360 Prices
If you’re in desperate need of an Xbox 360, and by desperate I mean willing to fork out $800, then JC Penny is the answer to your problem. Retailers have been making money selling the Xbox 360 Premium Bundle at $400, so you can only imagine how much more JC Penny is making by hiking up the prices to twice of the “standard” retailer price.
Even though they’ve thrown in two bonus accessories (Play and Charge Kit and the Rechargeable Battery Pack), it’s not worth the egregious price hike. For $800, couldn’t they at least include a game?
| This entry was posted on Wednesday, November 30th, 2005 at 9:37 pm and is tagged with rechargeable battery pack, xbox 360 premium bundle, xbox 360 premium, xbox 360, price hike, jc penney, desperate need, xbox, bonus, game, making money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback. |
4 Responses to “JC Penney Jacks Up Xbox 360 Prices”
Leave a Reply
your adds kick butt!
JC penny is really smart! they would have made alot of $!
Actually it’s not smart, it’s illegal. It’s called price gouging and they can get in alot of trouble.
We live in a free market economy. JC Penney is free to charge whatever they like for this system as long as the market will bear it. This is done quite frequently. There are no laws against price gouging, except in situations of commodities and emergencies. Since this is neither what we have here is the simple law of supply and demand and a retailer doing what retailers do, trying to make money.