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PS3 Trade-in Levels Rise As PSN Is Down Even Longer

Things really aren't going well for Sony this month are they. First they find out their entire network has been hacked. Then players started to report that credit card details have been stolen. And now, to top it all off, it seems as though Sony PlayStation 3 users are trading in more and more of their consoles and games as the downtime of the PlayStation Network continues to drag on.

According to a variety of different retailers, who anonymously told Edge that the troubles that the PSN is facing are having a devastating impact on high street retailers.

PSN has been down since the 20th of April
High street retailers reported little impact on sales during the first few weeks of downtime.

However from the second week onwards we have seen an increase of over 200 percent on PS3 consoles being traded in, split almost 50/50 between those trading for cash and those taking a 360 instead.

An independent retailer based in the South West said that he had seen a "massive increase" in the amount of PS3 trade-ins over the past month with most of the gamers trading in their PS3s for X-boxs. Those who were trading in their PS3s were described as "the hardcore online shooter crowd".

A Belgian retailer has reported that people come into shops not looking for money for their trade-in, all they want is an Xbox 360. And that most people are trading them in because they are unable to play multi-player on games like Call of Duty: Black Ops.

He went on to say:

We're just ten days into the month and already we have an increase of 200 percent in PS3s coming into the store compared to all of March. Normally we sell them really fast, but not this time. We've only sold 30 to 40 percent of our inventory right now.

It seems the downtime of the PSN is just too much for people. Will you be trading your PS3 in for an Xbox 360? or are you staying loyal to Sony and waiting until the PSN is back up? [via CVG, via EDGE]

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