PS3 sales no longer hotcake-like?

Is there a PlayStation 3 supply glut? That's the provocative question posed by the headline of a NotifyWire press release which asserts customers are already tired of paying a premium for PS3 bundles online.

In the release, Ian Drake, head of the hot-product-tracking web site, cited a recent $1,000 PS3 bundle at eToys that remained available for over 12 hours. "This sort of thing didn't happen with the Xbox 360 until well after Christmas," Drake added for some historical perspective.

A quick look at NotifyWire's recent tracking history, though, shows the PS3 is far from dead in the water. Despite a slight increase in the amount of time the system has been available at a few major online retailers over the past few weeks, premium bundles from the likes of eToys were selling out in less than an hour as recently as Dec. 18.

This data is also a bit hard to interpret without supply numbers for each individual sale -- perhaps retailers have been getting larger shipments since Sony announced it had fixed its production problems. NotifyWire's system also seems to neglect major sites like Amazon.com, which recently showed intense interest in the PS3 through a lottery system.

Still, the longer-than-expected online offerings are a little worrying for Sony when paired with the PS3's rapidly declining eBay price and reports of consistent high demand for the Wii. But let's not dwell on such unhappy things. Let us instead think of pancakes -- moist delicious pancakes dripping with syrup and hot butter. Oh yeah...

[Via GameDaily]

This article was originally published on Joystiq.