BMaker11 said:
You've said this a couple times in this thread, and I'm a little confused about it. How did Gamestop "lower the preorder numbers"? Did they just stop taking preorders for a time? Or did they literally "lower the numbers" and provide false data to MS to put them into a scare? Because it's not like I could go into a store, put money down on an XBone and then they say "no". |
Gamestop at first didnt even take MS preorders, then they started taking them and capped it stating there was high demand. After MS dropped DRM Gamestop was overjoyed and applauded them for finally accepting that there is a used game market and remarkably the preorder numbers started to be lifted citing increased demand (even though Microsofts shipment numbers were lower.). Gamestop didnt need to cap anything, they were holding MS by the nuts. They admitted long ago that Sony had higher shipments and Microsoft with higher demand to boot. Microsofts azure DRM network would've caused gamers who paid for used games to pay a fee, which completely threatened Gamestop and dropped their stock levels.
“The very first thing I thought was that gamer won, yet again,” he told Forbes. “We knew, but I don’t think the rest of the world knew how passionate the gamer was about the buy/sell/trade model. [Sony's E3 Press conference] was a shot heard round the world. Microsoft heard that, they listened to that, and they changed their policies. I think it took a lot courage to do what they did.”- Bartel of Gamestop
Also followed by...
"Stern Agee analyst Arvind Bhatia reiterated a buy rating on Gamestop stock yesterday, though the Street recently downgraded from “buy” to “hold.” The stock has seen a 5% increase so far today."
In other words because MS dropped DRM, Gamestops stocks rose because MS was responsible for Gamestops stock dropping in the first place.
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