GameStop: We Rose Above Recession

January 9th, 2009 Posted in Business

Surprising me (and quite surely many others), GameStop announced itself to be above recession by revealing that the nine-week 2008 holiday season broughtin 22.3% more cash than that of 2007. The retailer scored $2.85 billion in the 2008 holiday season, compared to 2007s $2.33 billion.

The five best-selling games during the period were reported to be Call of Duty: World at War, Guitar Hero: World Tour, Gears of War 2, World of Warcraft: Wrath of the Lich King and Wii Fit.

Thankfully, new video games made up 43.8% of those sales, with used game products taking up 19% of the sales; new game hardware accounted for 23.8%.

Tags: ,
This entry was posted on Friday, January 9th, 2009 at 11:35 am and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “GameStop: We Rose Above Recession”

  1.   Best Buy game software sales down by DigitalBattle.com Says:

    January 11th, 2009 at 12:59 pm

    [...] contrast to GameStop’s successful financial reports, Best Buy’s game software revenues have been in the decline. In an issued statement, the [...]



Leave a Reply