Estimates Show GameStop Digital Revenues Could Be Big
A recent prediction suggests the specialty game retailer has found a robust market in digital download products.
According to a Gamasutra report, Lazard Capital Markets analyst Colin Sebastian estimates that GameStop will likely see $200 million in revenue this year from various downloadable game products, including point card sales for each of the three major consoles, the newly acquired Kongregate service, and other downloadable content.
Sebastian's report also suggests GameStop is expecting strong holiday sales thanks to Microsoft's Kinect, Sony Move, and big games like Call of Duty: Black Ops. Given the nature of the still sagging economy, it remains to be seen if video games will do as well at retail this holiday as Sebastian suggests.
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