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GameStop's Profit Jumps 46% Amid Demand for Hit Games

GameStop Corp.'s fiscal fourth-quarter net income rose 46%, thanks to strong videogame sales and a booming market despite the sluggish economy. The retailer also gave fiscal first-quarter and full-year guidance above analysts' expectations.

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Lifendz3475d ago

Went to buy a new game once, the guy reached under the counter, grabbed a disc, popped it in the box and tried to tell me the game was new.

Sell games there? They offer usually 50% less than what you could get if you sold the games yourself through an auction site. Same applies for used game purchases except they usually charge more than you'd pay elsewhere.

The store clerks are usually fanboys. I'm not saying of which side, but when someone goes in to make a purchase you should not get a story about how console A is inferior because of fanboy reasons.

Don't get me wrong, I think an opinion from a sales rep is fine but when they give an uninformed opinion-all 360s break or PS3 is just a blu-ray player-then the opinion is just fanboy propaganda.

Gamestop, kudos to you on your success but no thanks.

Harry1903475d ago

about sales rep recommendations when you know
more than them.
could you tell me for how much they trade your old games(very good condition)
or at least do you have an idea of how much they are willing to pay?

Lifendz3475d ago (Edited 3475d ago )

I'm not talking about you or I who goes in there knowing our stuff. I'm talking about the person that doesn't surf the forums, that doesn't read the mags or the sites. I'm talking about the person that just goes in to buy a console. Or maybe the parent that goes to pick up a console for their kid as a b'day gift. This is what I'm talking about. That's when the fanboy stuff can sway someone unfairly. And again, I'm not saying they should push one console over the other; just give the facts.

As for your game question: I don't know. The last example for me was going to trade in Madden 08 a week after it released and being told they'd give me 15 bucks for it. I sold it on an auction site for almost 3x that amount.

Harry1903475d ago

i never intended to disagree though.
you areright in a certain way.
damn,15 bucks,that's theft.

BeaArthur3475d ago

Why would you assume it was new if it didn't have the original packaging plastic on it? I on the other hand love gamestop, I've had them replace games that I have had for months for no charge and they once even let me trade in a controller that didn't work right.

BrianC62343474d ago

I just ignore what Gamestop employees say. I have a PS3 and some of them tell me Sony is in trouble and the 360 is great. I could care less. I like Sony's games and the PS3. I buy most of my new games the first day so I don't get the used disc problem. I live across the street from a Gamestop store so it's convenient. I also check out Target in the same area. They sometimes have great sales like Assassin's Creed for $39.99.

BrianC62343474d ago

"I'm not talking about you or I who goes in there knowing our stuff. I'm talking about the person that doesn't surf the forums, that doesn't read the mags or the sites. I'm talking about the person that just goes in to buy a console. Or maybe the parent that goes to pick up a console for their kid as a b'day gift"

I really have to wonder though how many of those types of customers go to Gamestop. I never see them in my local store. I mostly see gamers who know what they want. Parents probably go more to stores like Walmart or Target. Stores they're used to going to.

Genesis53474d ago

I buy about 90% of my games at Walmart it is usually the cheapest.If there is ever a problem with the game,returning it is easy.

Lifendz3474d ago

Umm...what? I never assumed anything. I walked in the store, asked for a new copy of a game, and the guy behind the counter proceeded to take an empty case and put a disc in it. What are you talking about?

+ Show (5) more repliesLast reply 3474d ago
crazy250003475d ago (Edited 3475d ago )

Im sticking with my boycott of Gamestop. I pre-order from Amazon and buy used games on eBay or from people here.

They really pissed me off with their behavior and business practices.

EDIT: @harry190...they offered me $15 for 08 games that were relatively new, so yeah, thats theft.

Superiorrior3475d ago

Seriously, I don't buy ANY of my used games from CashStop/EbBank, I just use local classifieds, they work out a helluva alot better, plus I don't have to pay $50+ for a USED Game.

Superiorrior3475d ago

If your friend told you he wants $50 for the used game hes played his ass off, what would you say? Eff-off right? Say you don't like a game, most places have up to 15-30 days to return it, well after one week, you can return that game to Gamestop, for 1/4 the price which is usually $15, depending on the popularity. Gamestop is a rip off big time.

Lord Vader3475d ago (Edited 3475d ago )

Use eBay if you cannot find a better store.

Never trade your games to GameStop, they will definately rip you off. For new games, Toys R Us usually gives a $5 discount, for example.

d3l33t3475d ago

If there was an alternative 'gaming shop' to EB/Gamestop would you buy there? Maybe not a local shop, but a small chain? Obviously better service and pricing...

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