Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 20, 2018
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


GameStop: New hardware sales to shrink by 10% in 2016

GameStop: New hardware sales to shrink by 10% in 2016

March 25, 2016 | By Christian Nutt




GameStop released its full 2016 financial results yesterday, which showed that the only part of the company that isn't growing is its core video game business.

That's not the worst of the news, however. In the conference call following the results, GameStop execs said that console sales would shrink by 10 percent, while new game sales will also drop 5 to 10 percent in 2016, VentureBeat reports

This might explain why both Microsoft and Sony seem open to upgraded versions of their current-gen game consoles. 

For more on the long-term downtrend in new game sales at the chain, read Gamasutra analyst Matt Matthews' take on the company's fortunes from last year.



Related Jobs

Insomniac Games
Insomniac Games — Burbank, California, United States
[01.19.18]

Technical Art Director
Lucky Charm Games
Lucky Charm Games — Altadena, California, United States
[01.19.18]

Web Developer - Front End
Blackstorm
Blackstorm — Mountain View, California, United States
[01.19.18]

Studio Game Engineer
Telltale Games
Telltale Games — San Rafael, California, United States
[01.19.18]

Senior Tools Engineer









Loading Comments

loader image