MICROSOFT MANEUVERS FOR PIECE OF USED VIDEO GAME MARKET $MSFT $SNE $AVTI $GME $EA
The controversy over used games has erupted ever since the unveiling of the new Xbox One byMicrosoft MSFT. In my analysis, Microsoft is purposely creating this confusion about used games.
For 30 years gamers have been buying and selling used games. The used games market is huge. GameStop GME, the self-proclaimed largest seller of used games, generated $572 million from used game sales in the quarter just reported. Microsoft is not alone in wanting a slice of this revenue.
Before Xbox One was released, speculation was rampant that Microsoft may not allow used games but Microsoft has put that speculation to rest at the introduction. … Please click here or the title below to read more.
May 28, 2013
