The 2013 holiday season was a good one for GameStop. On a global scale, the games retailer made more than $3.15 billion in sales from November until the first week of January of 2014.
The number is up 9.3 percent from 2012, and that makes 2013’s holiday season the biggest in GameStop’s history. They made a boatload of cash.
It’s pretty obvious what caused the bump and lead to big numbers for the company. New hardware accounted for more than $1 billion in sales, and aging hardware, new games and used games filled in the rest of the pile. In 2012, new hardware only made GameStop around $500 million.
We’re sure someone is still writing that article about how the gaming industry is dead somewhere.
Did you contribute to GameStop’s massive profits this past holiday?