GameStop Predicts 10% Drop in New Hardware Sales for 2016, 5-10% Drop for New Software
During GameStop’s latest financial conference call, Chief Financial Officer Robert Lloyd spelled the retailer’s predictions for hardware and software sales in fiscal year 2016.
GameStop predicts that its sales for new hardware will drop by 10%, given that it’s the third year of the thief year of the generation. The forecast also mentioned drop between 5% and 10% in new software. That’s based on the current insight the company has on the line-up of upcoming titles.
GameStop’s executives did not provide a breakdown on which platforms would contribute more or less to the drop, sticking to combined data between all brands.