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Take-Two Interactive Software Inc. Message Board

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  • birch981 birch981 May 10, 2012 9:44 PM Flag

    anyone want to comment on gme

    If there was ever a quarter for GME to miss guidance it was this one with the string of poor NPD numbers. However, GME beats estimates.

    GME has a strong and loyal following in their power up rewards membership. They are selling a ton of used high margin games. The DLC that many analyst's thought was going to run them out of business is actually turning into a saving grace because DLC is higher margin than used games and consumers like to purchase DLC at a store for a number of reasons: no credit card, want to use trade in credit, or are simply up sold by GME associates. GME is also buying back a ton of shares, has issued a new dividend, and has money left over to acquire companies like buymytronics which help diversify the business.

    IMO this is the darkness before the dawn for the entire vg industry. The two years after the start of the new console have been historically the best years, see Annual US Video Game Revenue Graph

    The vg industry is very cyclical. Alot rides on the Wii U and getting the casual gamer back in the market. E 3 and this fall will hopefully usher in growth.

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