Video game retailer GameStop on Thursday reported earnings for the first quarter of 2015 ended March 31, revealing total global sales and profit were up compared to last year.
Worldwide revenue rose 3.2 percent to $2.06 billion, driven in part by 9.6 percent growth in new software sales. Secondhand sales, one of GameStop's core categories, however, declined 3.4 percent.
contributed to this sales spike. Increases in mobile game downloads and Steam currency sales were also major revenue drivers.
The retailer's mobile and consumer electronics division posted $136.8 million in revenue for the quarter, up 33.9 percent. GameStop's Technology Brands division, which includes Spring Mobile and Simply Mac, saw total revenue increase an even healthier 70 percent to $102.2 million.
GameStop's profit for the quarter was $73.8 million, up 8.5 percent from last year's $68 million. GameStop also pointed out that its first-quarter profit represented the "highest level of profitability" for GameStop during its first quarter since 2011.
"Our first quarter results exceeded expectations, displaying our market leadership and our ability to drive and leverage our core video game business and expand our diversified businesses to deliver healthy profits and solid top-line growth," GameStop CEO Paul Raines said in a statement. "This performance confirms that our effort to transform GameStop into a family of specialty brands is the right strategy to drive durable revenues and shareholder value."
The retailer will hold a call to discuss these results and answer analyst questions today, starting at 2 PM PDT / 5 PM EDT.
Nearly three decades after its predecessor debuted on platforms like Atari Lynx and MS-DOS, .
Being a game that was originally created so long ago, virtually any computer is capable of running it; you need only a Pentium 486--a processor as old as the original Chip's Challenge--16 MB of RAM, and 100 MB of storage space. Water-cooling is optional.
With the announcement that FIFA is the first football (soccer) game to include female players, Danny talks to Ben Howard about how playing footie with women will be a completely new experience for FIFA fans.
With the release of -- "What we don't want is for, while you're playing, to know more than what Batman knows in the game," Ginn explains. "Because then you don't feel like Batman--you actually feel like you, as a player, are smarter than Batman, which makes him feel like he's a bit of a dud. Which is totally the opposite of what we try and do with our games--we try to make you feel like you are Batman."
The role actor Andy Serkis will play in J.J. Abrams' upcoming Star Wars Episode VII: The Force Awakens has finally been revealed, at least partially. The .
What do you think about Serkis' character? Let us know in the comments below.
This post contains The Shawshank Redemption spoilers.
The latest 8-Bit Cinema video from YouTube channelcame online this week, this one presenting 1994's The Shawshank Redemption as a retro adventure game. Prison may be no fairytale world, but it does make a pretty decent setting for a point-and-click video game.
Watch as the six-minute video re-tells the movie's story, beginning with Andy Dufresne's incarceration and leading up to his unlikely escape from the Maine penitentiary.
Most of the major plot points in between are covered, including the rooftop beer scene, Tommy's tests, and Andy getting sent to solitary confinement for calling the warden "obtuse."
There isn't much in the way of action, outside of a section where you must tunnel through the walls as fast as you can before the guards return. Instead, you go around talking to other inmates, collecting items, and giving the maggot you found in your food to Brooks so he can feed his bird.
Would you play this game? Let us know in the comments below.
[UPDATE] A Nordic Games representative told GameSpot that the PS4 Darksiders II "Death-initive Edition" retail listing is indeed legitimate. More details are coming "soon."
Confirmed adults Danny and Andy play the first couple of levels of the upcoming Hatred, rated Adults Only by the ESRB.
With the announcement that FIFA is the first football (soccer) game to include female players, Danny talks to Ben Howard about how playing footie with women will be a completely new experience for FIFA fans.
Take to the skies for an aerial tour of the beautiful world of The Witcher 3: Wild Hunt.
Exclusive Scarecrow Nightmare Missions and a Justice League 3000 Batsuit are coming to Batman: Arkham Knight on PlayStation 4.
