GameStop stock drops after Xbox 720 anti-used game report

Quote :

GameStop stock has taken a tumble following a report claiming the next-gen Xbox will tether games to individual consoles, effectively biting into the used game market. Shares prices had dropped a slow as $23.75 over the course of the day but as of close of business on the East Coast had recovered slightly to end up at $25.20. That’s a 6% drop, apparently. Used game sales accounted for 48% of the retailer’s gross profits in 2012, and it takes a smacking every time this rumour arises.

Thanks, CVG.

Source: VG247

I swear if Microsoft truly did this they would lose much more money than they would allowing used games, these companies are dense as fuck.

It could be possible Microsoft leaked this rumor on purpose just to see what kind of reaction it would get before actually doing it.

This would literally kill the Xbox brand. Both retailers and consumers don't want this crap.

Well I'm sure glad daymon and I decided to build a pc instead of getting a xbox.

Explained this in other thread but this rumor came out months ago about ps4 too, simple fact is it will not happen on either console :/