GameStop COO says new consoles 'seem imminent'
GameStop might be gearing up for new Xbox, PlayStation, and Nintendo hardware.
Many consumers are hesitant to pull the trigger on an Xbox One or PS4, and with good reason. Rumors continue to swirl regarding updates to or brand new installments in both lines of hardware, and Nintendo is due to unveil its next console, codenamed NX, at this year's E3.
When will we be able to buy one or more of these new games boxes? Imminently, according to GameStop chief operating officer Tony Bartel. Speaking at the company's Investor/Analyst Day briefing in Texas (via GameSpot), the COO remarked that new consoles "seem imminent," although he confirmed to attendees that the company has not factored any of them into the company's projected earnings report.
"Although we have not modeled extensive growth for new innovation in this presentation," Bartel said during the briefing, "we are very pleased to see the introduction of technology like virtual reality and rumored new console launches, some of which seem imminent."
It's worth noting that GameStop has not yet accounted for sales of VR headsets in its earnings reports.
Bartel's projection is just that: a projection. Even so, he added more fuel to a growing fire. There's been a lot of buzz about "PS4K" and "Xbox 1.1" consoles, and signs point to Nintendo throwing production of NX into overdrive to hit a holiday 2016 release date. Wall Street published a report claiming Sony would announce a beefier PS4 by quarter four, and Microsoft has hinted at a revision to Xbox One.
Granted, an executive prognosticating about consoles is a rumor at best, and a surefire way to get investors excited about GameStop's future, which has been aggressively branching into new avenues of the games industry since publishers made a push to digital storefronts approximately halfway through the Xbox 360/PS3 generation, threatening the retail giant's bottom line: physical media.
Still, the best way to root out fact from fiction is to consider how often a rumor continues to pop up, and talk of better PlayStation, Xbox, and Nintendo hardware only continues to heat up.
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David Craddock posted a new article, GameStop COO says new consoles 'seem imminent'
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Im pretty confident the new systems are coming sooner rather than later. You gotta think sony and ms both got blind sided by vr. If you look back to 2012 when they were still developing xbone and ps4, vr was nothing more than a kickstarter that a few people thought was cool now vr is a very real very cool thing.
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I seriously hope not.
I'm not remotely a part of the "hate GameStop" circlejerk. I'm a pro rewards member that over time has been able to make a gaming budget possible.
First of all, if a game ends up being only worth like 75 cents, I don't really bother selling it. Unless there's one of those rare, but great deals where 2-3 games traded nets you a bonus trade value regardless of the game's individual values. Boom, that's money you didn't have right there.
Second: points, sales, and trade value. Their trading system has seriously helped me, a lot. And I get what pisses off so many of you: buying a game for $60 only to get $20 back, 15$ back, $5 back, $1 back. Yeah, once upon a time, The Order was worth $60, and now I can sell it for less than $5 to GameStop.
It's really not their fault that many games just aren't worth shit.
On top of that, I've earned enough for $50 rewards, $25 rewards, etc. All of this amounts up to money I didn't have available before, and now I can actually buy games.
Perspective. -
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This shouldn't be a surprise to anyone. Console generations have been 4 or 5 years tops except for the last one. It isn't a technology limit as much as a consumer driven one. 4 years seems to be how long an electronic gadget holds the typical consumer's interest until they stop investing in it (buying games, movies, etc) and put it in the closet.