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View Full Version : GameStop sees increased Xbox One interest following price drop reveal



wraggster
May 25th, 2014, 20:49
http://o.aolcdn.com/hss/storage/midas/7af6d81ea6cd33f8067f4b1af3dab4b8/200070260/GameStopLogo.jpg (http://www.joystiq.com/2014/05/24/gamestop-sees-increased-xbox-one-interest-following-price-drop-r/)
GameStop President Tony Bartel noted an increased interest for Microsoft's Xbox One following the hardware manufacturer's recent decision to change course (http://www.joystiq.com/tag/xbox-one-80/) and package the console without the Kinect camera peripheral. "I definitely think we're already seeing in our stores with our reservation program as well as the dialog to Power-Up Rewards that there's a stronger demand as a result of the price drop," Bartel said during the company's earnings call this week.

Microsoft announced that it will begin selling the Xbox One without the Kinectlast week (http://www.joystiq.com/2014/05/13/xbox-one-no-kinect/). The dis-Kinected console will hit retail on June 9 for $399 in North America and £349 in the UK. Following the news, GameStop began offering special trade-in prices (http://www.joystiq.com/2014/05/13/gamestop-offers-trade-in-specials-for-pre-orders-of-400-kinect-less-xbox-one/) for Xbox 360 and PS3 consoles in exchange for in-store credit towards the cheaper Xbox One. Microsoft also revealed that it will no longer keep media streaming app like Netflix and Hulu Plus behind its Xbox Live paywall (http://www.joystiq.com/2014/05/13/microsoft-drops-xbox-live-gold-hbo-go-netflix/), though it confirmed to Joystiq that free-to-play and subscription-based games such as The Elder Scrolls Online (http://www.joystiq.com/game/the-elder-scrolls-online) would still require (http://www.joystiq.com/2014/05/13/elder-scrolls-online-free-to-play-games-still-require-xbox-live/) the paid Xbox Live subscription to play.

"The good news for us is it sells more units. We'll sell a lot more units, because like we shared earlier, we're driving a lot of the growth, and that means there will be more [Xbox One] units out there to put software on," Bartel added. GameStop reported total global sales of $2 billion for the first quarter of fiscal 2014 (ending May 3, 2014), which amounted to a seven percent increase year-over-year.

http://www.joystiq.com/2014/05/24/gamestop-sees-increased-xbox-one-interest-following-price-drop-r/