Xbox Rumors Sink GameStop's Stock Prices


Earlier today Edge Online released a report that indicates that the next Xbox console is likely to be even more reliant on Xbox LIVE than the Xbox 360. Their unnamed sources further assert that the console will release games on physical media, using 50GB Blu-ray discs, but the games will come with one-time use activation codes, which would be monitors via an Xbox LIVE-based DRM. This, if true, would completely demolish the used game trade.

That fear has been reflected in today’s GameStop stock price, which initially dropped more than ten percent, before a slight recovery. As of this writing, it rests at a total price of $24.91, down seven percent from where it started.


The report further indicates that developers are already grousing about the new Xbox’s operating system and its development environment. It also appears that motion control integration, through an enhanced Kinect suite, is one of the new console’s primary focuses.

The validity of this information has yet to be tested, but the response on Wall Street has been loud and clear: investors in the used game trade are worried.

Sources: Edge/NASDAQ

by Shelby Reiches
02/06/2013 04:20PM


blog comments powered by Disqus
"Like" CheatCC on Facebook