Thursday, May 23, 2013

GameStop says 2013 outlook improved after Xbox One news

A GameStop sign is pictured in Pasadena, California By Chandni Doulatramani and Malathi Nayak (Reuters) - GameStop Corp raised the lower end of its full-year earnings forecast on Thursday after beating fourth-quarter estimates, counting on a boost from new gaming consoles due later this year and further growth in digital and mobile sales. The videogame industry, which has struggled with declining sales as gamers migrate to mobile and social media platforms, is hoping for a strong finish to 2013 with the release of new titles like Take-Two Interactive Software's "Grand Theft Auto V" and Electronic Arts Inc's "Battlefield 4. ...








via Gaming News Headlines - Yahoo! News http://news.yahoo.com/gamestop-results-beat-higher-mobile-sales-125340509.html

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