03-13-2014, 08:56 AM
(03-13-2014, 08:42 AM)Jason Wrote: I haven't played video games since I majored in Madden 93 back in college. I was wondering if you feel like gamestop's business model will be around in ten years. I feel like gaming will shift to online subscriptions but maybe they are in that market as well. This could be the replacement for Hasbro that I have been looking for.
That's been the fear and a cloud hanging over GME. So far the fear has been mostly unfounded and gamers prefer to have the physical game so they can trade with others and resell it when done with it.
Its still a concern going forward and how the company positions itself in the market will be important.
As of its most recent sales update, digital and mobile sales were about 10% of revenues ($300M of $3B).
Next earnings release is March 27.