Berk Sure Has A Way

Putting my mouth where my money is.

Posts Tagged ‘SNE

GameStop Tanked: Winners and Losers

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My latest post on Seeking Alpha is commentary on the current state of the video games business after seeing the carnage in GME’s stock when they issued earnings this week.

Summary:

GameStop is struggling with the transition to new consoles, new digital distribution and new sales competition from Amazon and others. They may have some solid years as sales of next generation consoles ramp but I expect digital to be the greatest long term existential threat. Nintendo is at risk of becoming irrelevant in the console business. Video Game publishers should perform very well as the next generation ramps up, but may have some sales challenges in the meantime.

Read the whole thing:  GameStop Tanks

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Written by Kevin Berk

January 16, 2014 at 7:07 PM

Posted in Uncategorized

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