Although pre-orders for the PlayStation 5 only opened yesterday, the console sold out in no time at all.
However, scalpers have made use of the demand and are already reselling the console for anything up to £7,000.
The day before the launch of pre-orders, Sony released the price and details of the two versions and the select retailers from which the console would be available.
The PS5 comes in two variants. The standard version, which comes with a 4K UHD Blu-Ray drive, is priced at a hefty £449.99, and the digital version, which features no disc slot, which will cost £359.99.
Pre-orders were available from retailers in the UK such as Game, Smyth's, Amazon and Curry's, but those have all since sold out.
John Lewis went live with the pre-order at midday today and saw stock go in less than 10 minutes.
And during the ensuing mania, which left a vast number of fans disappointed, scalpers ensured their profits by placing orders for the PS5 and listing the 'guaranteed pre-order' consoles.
Searching on eBay, resales of the preorders are as high as £7,000 for the console. The price 'drops' to £999 for some listings.
The PS5 will become available to buy in the US, Japan, South Korea, Mexico, Australia and New Zealand on November 12. The rest of the world will have to wait until November 19 to place an order for the console.
Players will also be able to pick up a variety of games on launch day, including Marvel’s Spider-Man: Miles Morales, Call of Duty Black Ops: Cold War and Demon's Souls.
It would also feature backwards compatibility for the majority of PS4 games, but not for versions released further back than the 2013 model.
However, the DualShock PS4 controllers will be of no use and players will need to buy the latest DualSense wireless controllers.
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