Reports 99.8 percent increase in hardware sales with the launch of next gen consoles.
The dust has cleared on the launch of the PS4 and Xbox One and retailer GameStop recently reported a total holiday sales revenue of $3.15 billion across the world, with a 10.2 percent increase in total store sales and a 99.8 percent increase in hardware sales.
CEO Paul Raines stated that, “I am pleased to report that the extensive planning by our entire team over the past year to prepare for the new console launches paid off. Our outstanding execution during the holidays resulted in GameStop securing the number one market share position in the U.S. and in most of the countries in which we operate today.
“GameStop also had the highest software and accessory attach ratio of any retailer for both new consoles. Building off this momentum, we are in an excellent position to drive the global adoption of the next generation of new video game products in 2014.”
Meanwhile, both the Xbox 360 and PS3 saw a 22.5 percent decline software sales. Interestingly, digital sales came in at $207.3 million for a 14.9 percent increase, with mobile sales at $94.8 million. Pre-owned game sales had increased by 7 percent.