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GameStop Holiday Sales Down Overall, But Software Is Up

Well, when you don't have two brand new consoles to promote during the holidays, the numbers are bound to drop.

Even so, retailer GameStop didn't have a bad holiday season. The company has reported their sales for the nine-week period that ended January 3.

Overall sales fell 6.7 percent to $2.94 billion and comparable store sales fell 3.1 percent (3.3 percent in the US and 2.7 percent globally). Obviously, with the PlayStation 4 and Xbox One launching in November 2013, there was going to be at least a slight drop in 2014. Hardware fell 32 percent year-over-year; however, new software grew 5.8 percent thanks to the 94.4 percent jump in PS4 and Xbox One sales.

The retailer's pre-owned business dropped 1.3 percent but the growing mobile and consumer electronics category rose 28 percent, and the digital business leaped 42.8 percent ($296.6 million) so really, it's still mostly roses for GameStop.

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tes37
tes37
9 years ago

Somehow I don't feel sorry for these guys. Is that inhumane?

That's a lot of money. I bet they could afford to lose a couple of years worth of revenue and still not spend the rest. I smell a real life GTA mission coming soon.

mk ultra
mk ultra
9 years ago

Inhumane is the elephant enclosure at the L.A. zoo. I think you're okay. That's more not feeling sorry for the obnoxious a-hole at a party, complaining about a spilled drink, when they're already trashed and still have a full bar.

Underdog15
Underdog15
9 years ago

On the other hand, these days it's probably more inhumane to let them live free in Africa to be poached and pushed closer to extinction. :

tes37
tes37
9 years ago

I'm not trying to use mind control on you mk ultra, but would it work if I considered Gamestop a bunch of animals.

Rachet_JC_FTW
Rachet_JC_FTW
9 years ago

idk y they would need to worry about they look like they doing okay to me

happy gaming

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