GameStop announced that it doesn't expect an insanely strong fourth quarter due to competition, which resulted in a 10% drop in its stock price. Don't get any sneaky ideas all you GameStop haters -- just because the group won't be making as much money as expected, doesn't mean it still won't be making tons of it during the holiday season.GameStop shares slip 10%
43
GameStop announced that it doesn't expect an insanely strong fourth quarter due to competition, which resulted in a 10% drop in its stock price. Don't get any sneaky ideas all you GameStop haters -- just because the group won't be making as much money as expected, doesn't mean it still won't be making tons of it during the holiday season.Reader Comments (43)
Posted: Nov 20th 2007 3:34PM (Unverified) said
Oh Noz!!! Its cuz Ive been going to GameCrazy lately.
I has teh hookups der.
Reply
I has teh hookups der.
Posted: Nov 20th 2007 3:42PM (Unverified) said
Meh. There could be some ugly comments in here. Its weird that some people say their local EBGames or Gamestop stores are actually pretty good. I know the stores by me are all awful, and the employees (excluding one manager who is actually cool) are pure evil. They don't offer strategy guides and subscriptions because its part of the job, they do it because they are the evil spawn of Satan and enjoy every moment.
Reply
Posted: Nov 20th 2007 3:53PM Vegeta has a ps3 said
or maybe they do it because it's part of the job?
Reply
Posted: Nov 20th 2007 4:20PM Dragun said
Common man, it is part of their jobs, even best buy is supposed to offer you the service plan on everything. Further more, best buy's console sales are reviewed buy their accessory attach rate. If you sell 10 consoles with nothing, they like a guy that sells 5 each with a controller or a cooler more. That's just their profit margins being forced on their employees. Its like a pc, do you need an xxx cable with that? The cable is at least 300% profit and the computer is more like 5-15%.
Reply
Posted: Nov 20th 2007 4:25PM (Unverified) said
well i wouldn't know about their accessory commisions, because the best buy employees never hassle me about it
Reply
Posted: Nov 20th 2007 4:33PM Dragun said
You're right, they never hassle me either but they do mention it and so do the cashiers. If you've ever been selected to do their online servay to win best buy cash (2 random shoppers a day get this on their reciept per store), you'll even see that they ask if you were made aware of the service plan. Its free money for them in most cases. Its just like that disc protection crap eb trys to sell when you buy a game.
Reply
Posted: Nov 20th 2007 3:50PM (Unverified) said
Probably because over half of their employees are mentally retarded. I refuse to shop there anymore.
Reply
Posted: Nov 21st 2007 9:09AM (Unverified) said
True that! Also, Gamefly is better/cheaper in the long run.
Reply
Posted: Nov 20th 2007 3:52PM Nick the Hero of Canton said
Meh...I have never had issues with my local GameStop. The employees and manager are nice people who know what they are talking about, won't hassle you when you shop, etc. I've waited in the store for around 30-40 minutes, hadn't bought anything (I was waiitng for someone) and they didn't care.
Reply
Posted: Nov 20th 2007 4:03PM (Unverified) said
yeah best buy is cool. the one by me always has midnight launches for stuff too, since it's the one by bill gates
Reply
Posted: Nov 20th 2007 3:55PM (Unverified) said
Yeah, I stoped in, was looking around, one asked me if I needed anything, I said "no thanks", looked around for 5 more minutes, then left. Frankly I've never had problems at Gamestops, it's people who don't know what video games are that have problems there.
Reply
Posted: Nov 20th 2007 4:01PM Dragun said
Gotta agree with most of you.
I've been to 1 eb that has an awesome manager and the rest are terrible.
I even get argued with. I went to preorder Star Craft 2 when i saw it on the eb's site for preorder and they said, it was just annouced, we don't have it in the system, like i was stupid so i said, then why's it available for preorder on your web site? He shut up pretty fast.
Then my buddy went there and got a different guy, to order his and he said why are you ordering it now, who knows when it will come out? He says, what?...you don't want my money? Not to mention i want to guarentee i get one on the release date with any limited preorder bonus. Again, he shut up.
Then I saw 2 employees fighting over a used copy of Marvel VS Capcom 2. They refused to sell it and they said the 2 of them were going to play each other to see who could buy it so they could sell it on ebay. What a joke; too bad i wasn't their mystery shopper!
Eb has let themselves go to hell; what a waste.
Reply
I've been to 1 eb that has an awesome manager and the rest are terrible.
I even get argued with. I went to preorder Star Craft 2 when i saw it on the eb's site for preorder and they said, it was just annouced, we don't have it in the system, like i was stupid so i said, then why's it available for preorder on your web site? He shut up pretty fast.
Then my buddy went there and got a different guy, to order his and he said why are you ordering it now, who knows when it will come out? He says, what?...you don't want my money? Not to mention i want to guarentee i get one on the release date with any limited preorder bonus. Again, he shut up.
Then I saw 2 employees fighting over a used copy of Marvel VS Capcom 2. They refused to sell it and they said the 2 of them were going to play each other to see who could buy it so they could sell it on ebay. What a joke; too bad i wasn't their mystery shopper!
Eb has let themselves go to hell; what a waste.
Posted: Nov 20th 2007 4:09PM Nick the Hero of Canton said
Now, I will be honest, I've only been 2 to different GameStops :P
The good one is the one I described above...but the bad ones...was well...bad. The EB I went to (was in the same mall) was good and big, but I think that was before it merged/got bought by GameStop.
Reply
The good one is the one I described above...but the bad ones...was well...bad. The EB I went to (was in the same mall) was good and big, but I think that was before it merged/got bought by GameStop.
Posted: Nov 20th 2007 4:15PM (Unverified) said
Oh man. They could write a whole book with GameStop zings. They're all so true it hurts.
Reply
Posted: Nov 20th 2007 4:19PM Anticrawl said
Yeah yeah, Penny Arcade. They're all fine and dandy but they've never been all that funny. Those comics are accurate, but I have yet to crack a smile at any of their stuff.
Cad-comics though, Absath/Tim is hilarious.
Sweet, UPS guy just knocked, time to play Mass Effect woooooo.
Reply
Cad-comics though, Absath/Tim is hilarious.
Sweet, UPS guy just knocked, time to play Mass Effect woooooo.
Posted: Nov 20th 2007 4:07PM (Unverified) said
God I hope those incompetent leaches go out of business with a quickness.
Reply
Posted: Nov 20th 2007 4:07PM (Unverified) said
No, wait. I have a good one for you. One time I went in (Gamestop) just to browse and I overheard an employee telling a customer to buy a PS3 because Halo was eventually going to be Multiplat. INSANE! And the other employees just stood there and didnt say anything back like "uhh no its not." Guess they really do hire anybody.
Reply
Posted: Nov 20th 2007 4:19PM (Unverified) said
ahahaha, i guess they get a bigger profit off the (expensive) ps3 sales
Reply
Posted: Nov 20th 2007 4:22PM (Unverified) said
That's hilarious. I also overheard a Gamestop employee saying that madden was a 360 exclusive!
Reply
Posted: Nov 20th 2007 4:33PM (Unverified) said
Back when one by my house was still a Funcoland (R.I.P.), I heard some bullshit there too. Some momz asked an employee the difference between Pokemanz Red and Blue. The employee froze for a second while thinking of a lie, and said "Red's first. Blue is the sequel."
Reply
Posted: Nov 20th 2007 4:18PM (Unverified) said
GameStop shares slip 10%. In other news, Rubang's mood increases 10%. Anybody else having a party tonight? Thanksgiving came early this year!
Reply
Posted: Nov 20th 2007 4:41PM (Unverified) said
God, I didn't think that was going to work. So glad it did.
Reply
Posted: Nov 20th 2007 5:27PM (Unverified) said
Gamestop by me is really good, this couple works there, who both know a lot.
However every now and then the manager is on the floor and he doesn't know shit. Some Dad came in and asked if every Wii game had only motion controls, and the manager said yes. Then the manager tried to sell him Mario Galaxy, and the Dad said his kid was 4 and probably couldn't figure it out, and the manager insisted he just had to wave the controller around.
I didn't say anything b/c I could tell the guy was skeptical but if he made it to the counter I think I woulda swapped him a copy of Boogie or something.
Reply
However every now and then the manager is on the floor and he doesn't know shit. Some Dad came in and asked if every Wii game had only motion controls, and the manager said yes. Then the manager tried to sell him Mario Galaxy, and the Dad said his kid was 4 and probably couldn't figure it out, and the manager insisted he just had to wave the controller around.
I didn't say anything b/c I could tell the guy was skeptical but if he made it to the counter I think I woulda swapped him a copy of Boogie or something.
Posted: Nov 20th 2007 7:32PM mardigan71 said
I hate Gamestop for the very reason that those Penny Arcade comics pointed out. I went to the new one here in my town to pick up Bioshock and was greeted with the familiar "did you pre-order it?" along with a condescending look like I'd broken some rule.
Reply
Posted: Nov 20th 2007 10:28PM (Unverified) said
Did you hear that!!?. More and more people are slowly coming to the realization that there isn't one good reason to buy anything anymore at this chain of stores. Look in your sunday paper or print a 10-20% off coupon from the web and you can get your games cheaper at freaking toysrus for christ's sake.
Reply
Posted: Nov 20th 2007 10:43PM (Unverified) said
although I must admit that since the "Bioshock Incident", I've noticed toysrus stepping up their efforts to roll up at the scene as the new kool kid on the block and trying to harp at us cheap ass gamers with popular video games with some sort of deal attached to them. Is that you VP of marketing?
Reply
Posted: Nov 20th 2007 11:57PM (Unverified) said
toysrus has those nice buy2get1 sales, but the one by me always gets games like a week later than every other store around. luckily the website does the sales too, but then shipping takes like 3 weeks (it did for bioshock anyway)
Reply
Posted: Nov 21st 2007 10:17AM (Unverified) said
what I find hilarious about this is that Jim Cramer on CNBC (also featured on webblogs) told his audience to buy Gamestop stock prior to Halo 3's release and NOT to by Microsoft stock... Microsoft's stock has gone up for the first time in ages the past couple of months -- Gamestop is going down. Hilarious.
Reply
Posted: Nov 21st 2007 2:28PM raygungirl said
Damn, really? Cause we go to GameStop more now than we ever did even six months ago.
One of the guys who works at ours is totally awesome. Not only did he keep a copy of Halo 3 aside for us (we didn't preorder), when we went in yesterday to get Mass Effect, and noticed a little stack of Assassin's Creed art books sitting on the counter (we'd bought the game there), he quietly picked up one, walked away from us like he was doing something else, then slipped it into our bag. Totally awesome.
One of the chumps who works there, though, had absolutely no idea was Katamari Damacy was, like, two months ago, when a customer asked. I explained, but NO ONE BELIEVES GIRLS, so he had to look it up on his stupid computer. I had to tell him how to spell it, too. Dumbass.
Reply
One of the guys who works at ours is totally awesome. Not only did he keep a copy of Halo 3 aside for us (we didn't preorder), when we went in yesterday to get Mass Effect, and noticed a little stack of Assassin's Creed art books sitting on the counter (we'd bought the game there), he quietly picked up one, walked away from us like he was doing something else, then slipped it into our bag. Totally awesome.
One of the chumps who works there, though, had absolutely no idea was Katamari Damacy was, like, two months ago, when a customer asked. I explained, but NO ONE BELIEVES GIRLS, so he had to look it up on his stupid computer. I had to tell him how to spell it, too. Dumbass.
Posted: Nov 21st 2007 3:16PM xGeneral DEATHxDEETH82 said
True. It seems like the ratio of cool employees to douchebags is something approximately 1:10. Most of the time, I go in and ask questions just to see what kind of crap they'll come up with, and if they're actually knowledgeable about the products/have a decent sense of humor, I'll actually ask for them the next time one of the 10 other employees asks "Can I help you find anything?". I actually applied for a job at a local EB Games when I started college; I'm glad I didn't get the job...I wouldn't have lasted 10 minutes there because I couldn't have told a story like, "Oh, 'Cat-uh-mah-ree'? *Thinks, but not too hard* Yeah, that's like Nintendogs, only with cats. And you have to buy this PS2 with it."
The cool employees get props, and maybe one day they'll outnumber the non-gamers that work there.
P.s. Game-related freebies kick ass, but so far all I've been able to bag without the pre-orders were two t-shirts, Return to Castle Wolfenstein and Ninja Gaiden. Sigh...
Reply
The cool employees get props, and maybe one day they'll outnumber the non-gamers that work there.
P.s. Game-related freebies kick ass, but so far all I've been able to bag without the pre-orders were two t-shirts, Return to Castle Wolfenstein and Ninja Gaiden. Sigh...
Posted: Nov 21st 2007 3:18PM xGeneral DEATHxDEETH82 said
I just realized how many times I put "actually" in there. Redundant vocabulary, FTL.
Reply
Sorry, you must be logged in to leave a comment.
Featured Stories
The most popular posts
in the last 7 days
- Vita 'UMD Passport' won't be offered in US 221 comments
- Kingdoms of Amalur: Reckoning review: A tempting fate 153 comments
- David Jaffe leaves Eat Sleep Play, layoffs hit developer [Update] 107 comments
- Blizzard taking Valve to court over 'DOTA' trademark 96 comments
- Don't call it a remake: Final Fantasy X is a 'remaster,' to be clear 95 comments









