X

GameStop Makes Almost $3 Billion in Holiday Sales

kijibe
16 Comments

Posted January 8, 2009 - By kijibe

GameStop's revenue from holiday sales shot up 22.3 percent to $2.856 billion. While this exceeded the game retailer's expectations, what did lag was its gross margin rates, due to a "higher mix of hardware sales and the success of [its] value messaging and promotions during the holiday period."

What were the top five game sellers?

Call of Duty: World at War and Guitar Hero World Tour, Gears of War 2, World of Warcraft: Wrath of the Lich King, and Nintendo's Wii Fit.

Top hardware seller for GameStop was Nintendo's Wii (big surprise!).

It's telling that while we're experiencing the worst economic crisis in the last 70 years, it doesn't seem to be effecting video-game sales. For GameStop, this holiday's average transaction was bigger than the previous year's. Even gift card sales were up 15 percent from last year. While games are more expensive than seeing a movie or buying a CD, they also provide a longer lasting form of entertainment.

Source

Tags: CES
GameStop Makes Almost $3 Billion in Holiday Sales
http://www.g4tv.com/thefeed/blog/post/692272/gamestop-makes-almost-3-billion-in-holiday-sales/
http://files.g4tv.com/images/blog/2008/10/01/633584546759272579.jpg
BlogThread_692272

ADVERTISEMENT

Blog Tags

g4tv.com
  • Sara Underwood's Naked Bike Ride

    Posted: June 22, 2011

    1,307,442 Views | 05:20

  • International Sexy Ladies Show: Messy Cat Fight

    Posted: January 27, 2010

    634,326 Views | 00:49

  • Adult Star Kirsten Price Tests Kinect's Nude Filter

    Posted: November 12, 2010

    1,435,245 Views | 04:33

  • Best Nude Scenes in Video Games

    Posted: June 29, 2009

    1,522,293 Views | 03:12

  • International Sexy Ladies Show: Wrestling in Moscow

    Posted: June 19, 2009

    136,477 Views | 01:24

AdChoices