Quantcast
GameStop: 50 percent of profit comes from pre-owned - Destructoid




Game database:   #ABCDEFGHIJKLMNOPQRSTUVWXYZ         ALL     Xbox One     PS4     360     PS3     WiiU     Wii     PC     3DS     DS     PS Vita     PSP     iOS     Android


GameStop: 50 percent of profit comes from pre-owned


3:40 PM on 11.18.2010
GameStop: 50 percent of profit comes from pre-owned photo



GameStop is having a great year this year so far. They've broken records, with year-over-year numbers up nine percent over last year -- that's $1.9 billion for the three months ending in October.

Much of their profit is coming from the sale of pre-owned games. Used stuff accounts for 47.4 percent of their profits for the same time period. According to MCV, used games sales brought in a profit of about $250 million, while new games followed with profit of a bit over $182 million. 

It may just be me, but I only find myself going to GameStop for new games. Granted, I'll trade in a lot of used stuff, but I've hardly ever bought used. From the looks of these numbers, I guess I'm an isolated case.






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.







GameStop

8:30 PM on 08.11.2014
GameStop announces streamlined trade-in scheme

GameStop will implement a new trade-in policy starting August 18, simplifying its current program with fewer pricing tiers. The announcement confirms earlier reports. The values depend on whether customers want cash or in-sto...more



8:00 PM on 08.05.2014
GameStop is simplifying the way it handles trade-ins

Later this month, GameStop will revamp its trade-in program for used games in an attempt to simplify the process, reports Kotaku. Under the new system, there will only be four possible prices paid for games -- instead of up t...more



10:00 PM on 08.01.2014
Pinsir and Heracross are part of the next Pokémon distribution event

The next Pokémon distribution event isn't terribly exciting. From August 13 through September 17, Pokémon X players can get Heracross and Y players can get Pinsir through the Internet. More importantly, GameStop...more



View all GameStop






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more