Sunday, May 20, 2012

Growing digital sales not enough to combat GameStop's decreasing profits

U.S. retailer GameStop
released financial results for the first quarter of the year, with growth in the digital and mobile is not enough to offset the decline revenues and profits. The company has achieved its earnings target for the quarter from sales of digital games, which rose 23 percent year over year, sales of phones, which were on track for the GameStop full fiscal year's goal. However, new and used retail ...

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