GameStop, the world’s largest video game retailer, posted a 23 percent drop in second-quarter net income Thursday.
Maybe at some point video games were thought of as ‘just for boys’ – but not anymore. But despite statistics, video game marketing is still ‘all boy’. Game developers say they aren’t even sure what females want.
The State of California wanted to monitor what games kids play as well. Lawmakers there passed a law banning the sale of violent games to minors. On Monday the Supreme Court overturned it, and some parents are okay with that.
Video game retailer GameStop said its fourth-quarter earnings rose 10 percent on rising revenue, driven by new e-commerce.
The holiday season almost always involves a new must-have gaming system or mega-hit video game, and for GameStop, that will bring some holiday cheer.
Daniel A DeMatteo, Executive Chairman, GameStop Corp. (NYSE: GME) discusses earnings, trends and a recent acquisition.