[quote name='Belgand']I don't trade in games, but as sad as it is they're not going to go out of business with this model any time soon. This is essentially the same model that college bookstores use and it's been working very, very well for them. At least, it was back when I was in college. True, in recent years people have been able to use Amazon or local sources to actually get a decent deal on their books, but the bookstores still continue to do great business.
If anything they're also in even worse condition than Gamestop too and you're dealing with much higher prices. A book will sell for $120 or so new, maybe $80-90 used and when you sell it back at the end of the semester you'll be lucky to get $15 for it. When you can sell a book to a friend for half of the used price and you both come out significantly ahead you know the system is broken. Still, for the time being at least, they do tremendous business. I doubt that Gamestop will have any problems with it either.
On topic though: I agree. I was thinking about picking it up at those prices, but with the new version coming out so soon I think I'm going to wait and see. Hopefully it will go down in price soon as well.[/QUOTE]
It worked all so well before the likes of AMAZON, Best buy, and other online traders getting into the used Biz. With the transition of the Internet era, broadband, and online retailers of the like (with help from game developers) Gamestop will find themselves closing stores downsizing. Its the inevitable its going to happen. There last quater earning were a mere flash of the pan from holiday sales similar to the rise of employment(seasonal help) Common guys. I wouldnt put any money/stock there. Your college bookstore analogy is apples/oranges. The bookstore is a service ran by the university its not a private entity to make money. Not only that bookstores are exempt from ALL BUSINESS TAXES. That analogy was HORRIBLE. They will get a little lift from Game Crazy closing but the downsizing will begin.