GameStop manager: ''It’s very possible GameStop will die when PS4, Xbox 720 come out"

[Mr Khan]

easyrider said:

Mr Khan said:
If they really are afraid (which they largely aren't, from the articles i've read about their recent financial performance), then they should promote the hell out of the one console that we know is going to support used games.

Did you miss this whole section?

For the full fiscal year, revenue dropped by seven percent to $8.89 billion from $9.55 billion. GameStop recorded a loss of $269.7 million, which compares to a profit of $339.9 million the previous year.

 The company is not going to come out and say, the f'ing roof is on fire, we are burning to the ground. They have to worry about the shareholders. You don't come out and say your going to fail soon. They also expect a loss for next year. THats sounds pretty bad to me. Oh and if it is true about MS and Sony, Which I'm sure it is. They better invest into something else.  Seems your getting what you want out of it. Seems to be a trend on VGchartz. People decide what they want to believe and than work back to find what supports their ideas, rather than letting the facts dictate your decisions or understanding.

Ah, that's true. "Surprise Profit" was for the quarter...