Shares of GameStop Corp. fell to their lowest level in nearly two-and-half years on Friday after an industry report showed a sharp decline in video game sales last month. full story ![]()
GameStop's stock has been on an uptrend since the beginning of February as investors put the disappointing video game sales of the holiday season behind them. Strong releases like Dead Space 3 helped sales during the month.
forbes.com (3 months and 22 days ago)
Were this any other transition period for the video game industry, GameStop stock would be soaring these days.
cnbc.com (3 months and 19 days ago)
(Reuters) - GameStop Corp, the world's largest retailer of video game products, reported quarterly results ahead of Wall Street estimates helped by higher sales of mobile devices and digital content.
reuters.com (27 days ago)
Filed under: Investing Today is a good day for the video game industry. Take-Two Interactive's BioShock Infinite hits the market, and the dystopian adventure is garnering rave reviews. The first two releases in the franchise sold a combined 10 million copies, and Take-Two has cracked open the piggy bank in recent days for national TV ads. Enjoy today, die-hard gamers. Take...
dailyfinance.com (2 months and 26 days ago)
Filed under: Investing GameStop wants your old smartphone -- really. The company just expanded the list of devices that it accepts for trade-in cash or store credit. New names from Samsung, BlackBerry, and Motorola have all been added to the list, which already includes the Apple iPhone 5, and tablets like the Galaxy S3. And to add icing to the cake, GameStop is even...
dailyfinance.com (2 months and 16 days ago)
(Reuters) - GameStop Corp, the world's largest retailer of video game products, warned of weak sales this year, as customers delay purchases ahead of the launch of next-generation gaming consoles.
reuters.com (2 months and 24 days ago)
Video game sales increased nine percent in January compared to the same time in 2012, in what looks to be the first optimistic sign for an industry that has faced declining sales for more than a year. But not so fast.
pcmag.com (4 months and 4 days ago)
Filed under: Investing GameStop isn't done shrinking. After booking two years of falling comparable sales, the company has yet to engineer a stop to the slide in any of its core businesses. Last quarter was no exception. Revenue from new gaming hardware fell again, to $616 million. That number was closer to $800 million at the beginning of 2011. And the same goes for...
dailyfinance.com (2 months and 20 days ago)
GameStop (GME) shares fell 5% Tuesday after Microsoft (MSFT) introduced a new gaming console, Xbox One. But don’t misinterpret that selling as a sign of waning interest for the shares on Wall Street. The investment community is feeling better about GameStop’s prospects now than it has in a very long time.
forbes.com (26 days ago)
Charlie SpieringThe Entertainment Software Rating Board has teamed up with major video game retailers GameStop, Wal-Mart, and Best Buy to help parents navigate the video game rating system. In the video spots, children approach shopping parents to ask if they can buy a new video game.Read more on WashingtonExaminer.com
washingtonexaminer.com (3 months and 10 days ago)
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