Zucas on 22 May 2008
| greenmedic88 said: And of that 20x, what percentage of Wal-Mart's revenues is represented by video game/hardware sales? Less than 5%? I'd go as far to say that it could be under 1% of their total revenue considering they sell literally everything. GS' revenue on the other hand is represented 100% by game/hardware sales. |
Yes but 1% of $59 billion is $590 million. Yes 59 billion is what Wal Mart made last quarter.
I highly doubt that gaming only makes up 1% by the way, of those sales. Meaning I'm really starting to put in perspective of how much larger sales at Wal Mart is. If it was 5% then it would be $2.95 billion. I mean it doesn't matter how minimal game sales are there, it's already making GS's $1.8 billion look bad.
I can tell you right now that Wal Mart's gaming revenue is not 1% now is it probably 5%. It's probably between 5% and 10%.
