Train wreck on 29 May 2017
| sethnintendo said: I'm sure Gamestop is happy that it is a hit and hopefully continues the momentum. I believe Gamestop stock was starting to tank but they have some saving grace with a hot system just released. |
The stock is still tanking and no amount of switch good news is going to change its fortune (-10% post switch launch). Gamestop's business model is not selling new games or systems, its selling used and subscriptions. Gamestop only sees increase sales from those insane bundles they have out there but once Nintendo starts to ship more consoles, itll lose out on it. Combined with every publsiher taking advantage of digital sales, means less and less for gamestop and others (like best buy which came out with news earlier in the week) these sales increases are only temporary.
