The Dallas Observer Blog



Add to Technorati Favorites

Blogroll

The Concession Stand

The Midway

Guitar Hero Will Save the Economy

Tue Mar 18, 2008 at 10:03:16 AM

One industry clearly not worried about a recession: the video-game bidness. That's clear from this morning's news that Grapevine-based GameStop posted first-quarter earnings of $189.8 million -- up, oh, just 46 percent from last year's earnings during the same period. And the reason? Guess. Fine: "New videogame software sales rose 38% on the back of sales of popular sequels to the Guitar Hero and Call of Duty franchises. New hardware sales jumped 19% despite shortages of Microsoft Corp.'s Xbox 360 in January." Also comes news that GameStop's opening 600 new stores this year -- so newsy it made Pravda. --Robert Wilonsky

0 Comments:

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)



Dallas Observer Insiders

  • Local food, music and news blasts
  • Free Stuff