GameStop plunges 18%: lower-than-anticipated software sales + PS4 XOne reduced gross margin

Gaming - GameStop plunges 18%: lower-than-anticipated software sales + PS4 XOne reduced gross margin - View Post

Soleron

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Soleron on 14 January 2014

Bloomberg said:

The weakness in new software is more of a cyclical issue

nine-week period ended Jan. 4

http://www.bloomberg.com/news/2014-01-14/gamestop-falls-on-narrower-margin-from-holiday-console-sales.html

WTF I THOUGHT THE CYCLICAL ISSUE WAS NO NEW CONSOLES

The PS4 and One launches don't amount to a new gen now????????

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