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The Company is a retailer of video game products and PC entertainment software.
This is the best release of video game software going into a holiday season ever. You have 7 AAA releases Skyrim, Assasin’s Creed, Call of Duty 3, Battlefield 3, Uncharted 3, Gears of War 3, and Batman Arkham City. What do these all have in common? Many of these games are the third installments of the best selling games of all time. There latest installments are setting new first week records. This will translate into many high demand games coming on the used market where GME margins are the largest. There is also no drop off of highly anticipated sequels to triple AAA games in 2012 with the release of Mass Effect 3, Bioshock Infinite, Grand Theft Auto 5, and Diablo 3. These games will bridge the gap to the new console cycle.Well where is the problem? Hardware … no not really. The next console cycle is under way. Wii sales are down because the Wii 2 or Wii U is coming in the spring of 2012. The NEW XBOX 720 will be coming Holiday 2012 or Spring 2013. You will see the first glimpse of it at the 2012 Consumer Electronic Show in January. Look who is giving the first keynote address at CES Microsoft. Quote from CES website “Steve Ballmer's keynote is a great way to kick off the exciting 2012 International CES. We are excited to hear Microsoft’s latest initiatives and Ballmer’s vision for where consumer technology is heading. Microsoft has used the CES keynote stage in previous years to unveil innovative new products, including the original Xbox and Avatar Kinect.”2006 to 2008 run up in GME coincided with the new console cycle of the wii, xbox 360 and ps3. 5 years latter this next cycle is under way.
A minor correction:ZELDA Skyward Sword 8th AAA releaseSuper Mario 3D Land 9th AAA releaseHalo Anniversary Edition 10th AAA releaseMario Kart 7 11th AAA releaseStar Wars The Old Republic 12th AAA releaseSaints Row the Third 13th AAA release13 AAA titles.
This stock just keeps on working for you two!
The GME bulls are strangely silent...maybe it's their massively wrong call...
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