GameStop Expects New Console Announcements at E3; Just Sold its 4 Millionth PS4 in the US

GameStop Expects New Console Announcements at E3; Just Sold its 4 Millionth PS4 in the US

During GameStop’s quarterly financial conference call, the company’s executives talked about their expectation for E3, mentioning that they expect console announcements and significant consumer and press interest for VR.

CEO Paul Raines opened up on the topic:

“We are excited about E3, and expect to hear major news on virtual reality as well as potential new consoles.”

The concept was repeated and further elaborated by Chief Operating Officer Tony Bartel later in the call:

“We expect E3 to focus on key titles in the back of the year, and console announcements. We also expect VR to generate significant consumer and press interest. As discussed at investor day, we expect to be the prominent VR partner for launch headsets to the gaming population as we leverage our proprietary power-up rewards relationship and opur buy/sell/trade model.”

With all the rumors about PS4K/Neo, a slimmer Xbox One and Xbox One-Two or however it’ll be named, that expectation is certainly not too surprising.

Earlier in the call, Bartel also mentioned that the retailer just sold its four millionth PS4 console in the United States. That’s a pretty significant market share, considering that Sony just announced that it sold 40 million PS4 units worldwide.