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GameStop Corp. Message Board

  • gomer1973 gomer1973 Jan 26, 2012 9:25 AM Flag

    Xbox 720 won't support used games

    I heard news reports that the new xbox 720 won't support used games. I am new to this stock. does any one know if this is factored into the current pricing?

    What is gamestops sales mix and margin on the xbox used games market?

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    • This is an unconfirmed rumor. The xbox won't be out until 2014 so GME has 2 years until that comes out PLUS several years of legacy used sales of xbox 360 used games since the adoption curve of a new console takes years. There are all positive tailwinds for GME. So even if MSFT does somehow stop used games from being played GME has such a low multiple that it is already built in if they lose some used game sales from xbox. They would still however get new game sales and they also have all the other platforms plus the growing ipad/iphone/ipod trade in business. I'm taking my iphone version one to gme for credit this week!

 
GME
43.51-0.10(-0.23%)Sep 15 4:01 PMEDT

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