GameStop earnings up in Q3, Modern Warfare 2 company's biggest launch ever
GameStop remains an unstoppable retail force, as the juggernaut slammed cash register drawers shut with $1.83 billion in sales and $52.2 million in profit for the quarter ending October 31. The figures represent 8.2 and 11.8 percent increases, respectively, from the same quarter last year.
The top five games during the quarter were Madden NFL 10, Halo 3: ODST, Batman: Arkham Asylum, NBA 2K10 and Wii Sports Resort, with all titles having "exceeded" the company's initial sales expectations. GameStop also revealed thar Modern Warfare 2 -- which released in Q4 on November 10 -- sold 2.5 million copies at the retailer in 72 hours. GameStop CEO Daniel DeMatteo is optimistic and believes MW2 is a bellwether for the rest of the holiday season.
The top five games during the quarter were Madden NFL 10, Halo 3: ODST, Batman: Arkham Asylum, NBA 2K10 and Wii Sports Resort, with all titles having "exceeded" the company's initial sales expectations. GameStop also revealed thar Modern Warfare 2 -- which released in Q4 on November 10 -- sold 2.5 million copies at the retailer in 72 hours. GameStop CEO Daniel DeMatteo is optimistic and believes MW2 is a bellwether for the rest of the holiday season.















Reader Comments (Page 1 of 1)
Case @ Nov 19th 2009 1:18PM
Was getting ready to post the same thing, you beat me to it. Well done.
Sidebuster @ Nov 19th 2009 11:18AM
half the MW2 sales came from Lamestop? That's bad news man... Bad news indeed...
tmacairjordan87 @ Nov 19th 2009 11:20AM
Why? They sold me my game the same way Wal Mart or Best Buy would have and as a buyer that's all I should care about.
Chris D.(PSN: Aggie_CEO | XBL:The Aggie CEO | Steam: Aggie_CEO @ Nov 19th 2009 11:26AM
walmart was giving $10 gift cards tho....
Sidebuster @ Nov 19th 2009 11:40AM
I just don't like Gamestops business practices. Trying to sneak in used games and call them new. Buying games for 2 dollars and selling them for $39.99. Pushing bullshit market baskets on the point of harassment (No means NO). I know none of their practices are illegal, but to me they are still immoral in my eyes. So vote me down like a troll for speaking my mind, I don't fucking care.
Samuel Vimes @ Nov 19th 2009 11:43AM
@Sidebuster
I am right behind you on this. Here is a tip though that I use when purchasing from gamestop. If they try to hassle me into a used copy over a new copy, or into game informer subscriptions, I say no. If they push it simply tell them "No and if you ask again I am not buying anything period". It shuts them up very quickly.
Darth Bradwart, The Dark Lord of the Sith-ATDF Co-Founder @ Nov 19th 2009 11:45AM
Hey, GameStop is the only place you'll see new copies priced lower than used copies.
Always good for a chuckle.
XLM @ Nov 19th 2009 12:47PM
Gamestop is the only place here on Maui that charges more than MSRP for games. Walmart, Kmart, Sears, are all normal price, Costco, obviously a bit cheaper.
GS stinks.
potato @ Nov 19th 2009 5:18PM
I find it somewhat sad, yet appropriate, that GameStop's greatest success has nothing to do with their work.
MystileArmor @ Nov 19th 2009 11:21AM
... this Battlefield joyswag confuses me. I'm not sure if it's annoying or sheer brilliance.
tmacairjordan87 @ Nov 19th 2009 11:21AM
The line at the MW2 launch was ridiculous. That's one bad thing about buying the 360 version, the line I had to wait in was about 4 times as large as the PS3 line. Everyone in the ps3 line got their game before my line had even thinned out half the crowd :(
Darth Bradwart, The Dark Lord of the Sith-ATDF Co-Founder @ Nov 19th 2009 11:43AM
PS3: It Only Does Everything. (Including help you get your game faster!)
tmacairjordan87 @ Nov 19th 2009 11:22AM
I'm going with annoying, just like that stupid dead space girl thing. Everyone just talks about that or the offtopic shit all day instead of being on topic.
SoshiKitai @ Nov 19th 2009 6:28PM
LOL DSG!
Duke @ Nov 19th 2009 11:23AM
OK, people, seriously, stop buying so much Madden.
Chris D.(PSN: Aggie_CEO | XBL:The Aggie CEO | Steam: Aggie_CEO @ Nov 19th 2009 11:25AM
I didn't see that grenade logo on this....
so you fail sir......
AsherR [Planeteer | Power of The Hoff] @ Nov 19th 2009 11:27AM
@MystileArmor: Everyone that fails at the contest should be insta-banned.
Chris D.(PSN: Aggie_CEO | XBL:The Aggie CEO | Steam: Aggie_CEO @ Nov 19th 2009 11:27AM
5 more years......5 more years.....thats about all Gamestop has left on top like this...
wormania @ Nov 19th 2009 11:32AM
The average person does not care about, or hell, does not want, digital distribution (If that's what you're getting at.)
Not now, not in 5 years.
Dao Jones @ Nov 19th 2009 11:33AM
Reading that, I think of Wesker. O.o
The Dark Wayne [Planeteer: Power of the Batusi] ATDFs Financier and Batman @ Nov 19th 2009 11:38AM
bullshit. Even if the average, almost retarded, consumer understood why gamestop is bad, or cared about it or DLC, there's no way the baisc infrastructure to make DD viable would be in place, and even if it is, internet providers are only gonna tighten their grip on all those megabits. No way it's five, probably not even 10.
Chris D.(PSN: Aggie_CEO | XBL:The Aggie CEO | Steam: Aggie_CEO @ Nov 19th 2009 12:14PM
you may think I mean digital Distribution.....but I don't....Speacialty stores aren't going to be around forever with places like Wal-mart beefing up stock of their items for cheaper....lets look at Toy's R Us and Kay-Bee Toys....thanks to Wal-mart DRASTICALLY undercutting them on Toy prices the past 5 years, 1 has gone out of business and the other has closed HUNDREDS of stores...
Wal-mart has been slowly but steadily increasing their game space....and the ONLY thing Gamestop has over them is taking trade ins....and they RAPE YOU in doing so...
If Wal-mart were to get into selling and buying used games then Gamestop would be DONE....
Samuel Vimes @ Nov 19th 2009 11:31AM
Lack of news once again =\
Samuel Vimes @ Nov 19th 2009 4:11PM
Because news is apparently about the fortunes other people make. Not only that it's nothing new. It's like printing in the paper that Obama is still president. We get it..
Jarrett @ Nov 19th 2009 11:32AM
Problem with gamestop is same as with walmart.
MystileArmor @ Nov 19th 2009 11:39AM
This whole thing seems to be ripping holes into the time-space continuum.
PSN & XBL: StevenMichael @ Nov 19th 2009 11:47AM
agreed.
Captain Planet [Planeteer | Power of Captain Planet] @ Nov 19th 2009 11:48AM
You are quite the resourceful one.
Matthew @ Nov 19th 2009 12:06PM
Hey... that's Montana Max's money!
NintendoJunkie @ Nov 19th 2009 12:07PM
Your comment & this story's picture make me wanna bust out some Duck Tales on the NES. Man that game was awesome.
Duck Tales was also probably my #1 watched cartoon/tv show after school.
Gregory Christopher @ Nov 19th 2009 12:18PM
Halo 3 3/4
FPS need to die, too many
Trey @ Nov 19th 2009 12:39PM
It's crazy how this game almost has the potential to have a 1:1 ratio of dollars made to prospective rounds fired in the game.
brian @ Nov 19th 2009 3:44PM
not even close.
that would mean each person who bought the game only fire 60 bullets so far?
60 bullets? that what, like the first 5 minutes?
Zoot Suit Jedi @ Nov 19th 2009 12:50PM
Dayman, aaaaAAAAAaaaaa!
Ryder @ Nov 19th 2009 3:57PM
lol. i think i'm the only person who listens to that song on my freetime.
strollymonster @ Nov 19th 2009 1:01PM
I can't help but wonder how many of those dollars came from the "Prestige" editions.
MrWeatherby @ Nov 19th 2009 1:02PM
Wow that is one awful photoshop. Try using the perspective tool next time as opposed to just slanting the text. It looks like a monkey just threw this together. Scrooge McDuck would be ashamed.
MrWeatherby @ Nov 19th 2009 1:05PM
Ahahaa, I just noticed all the extra miscolored blue. Not only is it a totally different shade from the rest of the blue on the side of the bulding, you also failed to color inside the lines, what with the giant blue blob seeping over into the white on the front of the building.
This is astoundingly bad.
Ashitaka @ Nov 19th 2009 2:04PM
Newsflash:
It's on purpose.
MrWeatherby @ Nov 19th 2009 3:34PM
Newsflash: It's not even ironically funny. Just a bad photoshop.
Alex @ Nov 19th 2009 4:03PM
2.5m?
That's quite a lot.