Susan Arendt
Culture

GameStop Enjoys Huge Jump In Profits

Game retailer GameStop’s net earnings for Q3 reached $52 million, a jaw-dropping 283% increase over the same period last year. Sales of new games shot up 59%, with sales of consoles increasing 149%. The top-selling games for the period should come as no surprise: Halo 3, BioShock, Madden ’08, Guitar Hero III, and Wii Play. […]

Gamestop
Game retailer GameStop's net earnings for Q3 reached $52 million, a jaw-dropping 283% increase over the same period last year.

Sales of new games shot up 59%, with sales of consoles increasing 149%. The top-selling games for the period should come as no surprise: Halo 3,* BioShock*, Madden '08, Guitar Hero III, and Wii Play. People must really, really want that second Wii Remote, huh?

GameStop opened 151 new stores during the third quarter, hitting the 5,000 store milestone.

GameStop sees 283 per cent net earnings jump [MCV]