US videogames retail giant GameStop has posted its first quarter financial results, showing a rise of 13 per cent in profit and revealing strong hardware and software sales for Xbox 360.
Profit was posted at USD 11.7 million compared to USD 10.3 the previous year, and revenue more than doubled to reach USD 1.04 billion despite a decrease of 3.3 per cent on comparable store sales.
R. Richard Fontaine, chairman and CEO, commented: "Our exceptionally strong results this quarter are due primarily to the improved flow of Xbox 360 hardware, early acceptance of the USD 59.99 price point for next generation software, and the successful completion of key integration strategies between GameStop and EB Games."
The positive performance, which bucks a depressing trend for the videogames industry as the hardware transition impacts heavily on the mar [...]
Quelle: 360-HQ.com - Lies den ganzen Artikel "Next-gen titles boost profit by 13 per cent" vom 21.05.06 06:30
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