Over 100 million used games traded each year in the US

According to a report from Wedbush Morgan Securities, over 100 million used games are being traded each year in the US alone, making it almost a third of all games sold in the country. The analysts also contradict what major publishers have been saying for a while; that used games are hurting the games business.
Wedbush Morgan disagrees, saying that used games are actually good for the industry. If a person is unwilling to spend $60 on a new game, he or she might trade in an old game and buy it.