The highly desired NES Classic was just axed by Nintendo, despite still being one the most sought after consoles of all time. Since the tiny $60 plug-and-play mini console was released last year, retailers have struggled to keep it in stock — with units flying off the shelves as soon as available.
Demand has been so high for the NES Classic that several in-box units have sold on eBay for up to $5000, an 8300% profit. At the moment of this writing, several eBay postings are selling Classics for a cool $200. And those are about to skyrocket in price. Yeeesh.
In a statement, Nintendo announced that production is ending for the NES Classic and the final stock will be arriving to North American retailers by the end of April.
"Throughout April, NOA territories will receive the last shipments of Nintendo Entertainment System: NES Classic Edition systems for this year. We encourage anyone interested in obtaining this system to check with retail outlets regarding availability. We understand that it has been difficult for many consumers to find a system, and for that we apologize. We have paid close attention to consumer feedback, and we greatly appreciate the incredible level of consumer interest and support for this product."
More NES Classic:
- Here Are Pictures of the Adorably Small NES Classic Next to My Pen
- The NES Classic Edition: All You Need To Know About Nintendo's Miniature Console
- Out of Order: The NES Classic Edition Is Selling For as Much as $5000 On eBay
Why Are They Stopping Production If Everyone Loves It and Only Scalpers Are Profiting?
Obviously, the mini #NESClassic is a total cash cow for #Nintendo. There's simply no way Nintendo is losing money if people are fighting to pay triple the retail price on eBay. And, as of January, Nintendo managed to sell 1.5 million #NES Classics
But, this was always the plan, one spokesperson said to IGN: “NES Classic Edition wasn’t intended to be an ongoing, long-term product. However, due to high demand, we did add extra shipments to our original plans.”
Where does that leave us? Well, if you're like me, that leaves us without an NES Classic, sadly. But it also means that those $200 eBay listings are about to shoot back up.
Now, scalpers are buying up as many units as they can get their hands on to turn a profit in the online market. Nintendo fans are bemoaning their inability to afford the now-rare wildly-popular console.
Meanwhile, it's also worth noting that while the NES Classic is shooting up in price on eBay, actual NES consoles are actually still very affordable on eBay. So, you know, you could just buy one of those. Like this one I just found in about three seconds of searching: