GameStop: GTA IV delay good for market and more
GameStop, one of the largest game retailers, recently saw a very exciting season for the next gen consoles and their respective games. This recently got head honchos Richard Fontaine (Chairman), Daniel DeMatteo (Vice Chairman), and David Carlson (Executive VP) to get their heads together in a conference call to discuss the game industry’s ups and downs.
Regular readers might already be familiar with some of the things they discussed like how price cuts certainly affect the market: the PlayStation 3 price cut doubled their sales and the Xbox 360’s gave theirs a significant boost. They also observe how Sony PSP sales have sky rocketed enough to endanger supply but they expect it to slow down in anticipation of the PSP Slim.
The most interesting point of discussion is probably their approach to the delay of Grand Theft Auto IV. Being one of the most heavily anticipated games for the Microsoft Xbox 360 and the Sony PS3, its delay would certainly affect the market. However, the honchos believe that it’s probably for the best.
They believe that its delay will make more room for the market to absorb other quality games better, especially the release of Halo 3 which will overlap with GTA IV‘s. Flooding the market with so many games might decrease sales since buyers can only buy so much games. From a retailer’s point of view, excellent games coming in for every major console would balance out the hole left by GTA IV‘s delay.
Buy: [Grand Theft Auto IV (Xbox 360)]
Buy: [Grand Theft Auto IV (PS3)]
GameStop, one of the largest game retailers, recently saw a very exciting season for the next gen consoles and their respective games. This recently got head honchos Richard Fontaine (Chairman), Daniel DeMatteo (Vice Chairman), and David Carlson (Executive VP) to get their heads together in a conference call to discuss the game industry’s ups and downs.
Regular readers might already be familiar with some of the things they discussed like how price cuts certainly affect the market: the PlayStation 3 price cut doubled their sales and the Xbox 360’s gave theirs a significant boost. They also observe how Sony PSP sales have sky rocketed enough to endanger supply but they expect it to slow down in anticipation of the PSP Slim.
The most interesting point of discussion is probably their approach to the delay of Grand Theft Auto IV. Being one of the most heavily anticipated games for the Microsoft Xbox 360 and the Sony PS3, its delay would certainly affect the market. However, the honchos believe that it’s probably for the best.
They believe that its delay will make more room for the market to absorb other quality games better, especially the release of Halo 3 which will overlap with GTA IV‘s. Flooding the market with so many games might decrease sales since buyers can only buy so much games. From a retailer’s point of view, excellent games coming in for every major console would balance out the hole left by GTA IV‘s delay.
Buy: [Grand Theft Auto IV (Xbox 360)]
Buy: [Grand Theft Auto IV (PS3)]
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