Friday, 25 March 2016

GameStop Expects Decline in PS4 and Xbox One Sales During 2016


GameStop, the world’s largest videogame retailer, expects declines in sales of the PS4 and Xbox One during the fiscal year of 2016.


The company’s executive team indicated that much during a conference call with their shareholders. The retailer expects new game sales to decline between 5 to 10 percent, while hardware sales of home consoles are expected to drop around 10 percent year-over-year.


GameStop has an impressively large share of the console section of the worldwide gaming market. However, a…



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GameStop Expects Decline in PS4 and Xbox One Sales During 2016

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