Gamestop: New Consoles From Microsoft, Sony Or Nintendo Coming Real Soon

Posted: April 15, 2016 in Game Articles, Opinion Piece

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by Dave Thier via Forbes

There are no doubt people that know all about whatever the plans are for a new Xbox, a PS4 4k, or the Nintendo NX. Some are at the companies responsible, of course. Others are developers, who receive dev kits in advance to make launch titles for these systems. Others are most definitely at Gamestop, which stands to profit immensely every time there’s a new round of hardware. It’s from them we heard just now, more specifically, from Gamestop COO Tony Bartel speaking at an investor/analyst day. He knows more than he’s saying, he says, but strongly hinted that new hardware was coming quite soon.

“Although we have not modeled extensive growth for new innovation in this presentation, we are very pleased to see the introduction of technology like virtual reality and rumored new console launches, some of which seem imminent,” he said when questioned about the rumors, according to Gamespot.

It’s really not hard to read into that statement. Investors and analysts would be very curious about any and all new hardware coming to Gamestop shelves, and that line is one giant wink saying that it’s happening soon, and my guess is most people in the audience would read that as a direct reference to the upcoming holiday season. That jives with some of the chatter we’ve heard before, and that’s what I’m hearing from Bartel.

 He’s not specific about which one is coming out of course, but I think that both the NX and a PS4 4K are solid bets. The NX has long been rumored to be launching in holiday 2016, and there have been reports about the next iteration of PS4 as well. That would time the launch to coincide with the release of Playstation VR, and I tend to think that those two developments are inextricably linked. Microsoft remains a big question mark, but my guess is that we’re going to know more about that very soon: likely at the E3 press conference.

All of which is information that Gamestop would clearly want their investors to know about in as much detail as possible without violating NDA agreements. So my guess is that’s why we’re hearing this quite so cryptically. As far as cryptic statements go, however, this one is pretty reliable.

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