GameStop issues warnings on possible Xbox used games block

GameStop has finally reacted to the news that the next-gen Xbox could block used games by stating the move would "significantly diminish" the demand for Microsoft's latest console. The announcement was made early in the morning on 10 February 2013.

Edge-Online reported last week that the next Xbox console could tether games to one console, halting the used-games market in one quick action.

After the publication of Edge's article, GameStop's shares fell. Since then, Bloomberg has reported that GameStop customers could possibly snub the console if Microsoft officially goes with the block on used games.

GameStop spokesperson Matt Hodges states, "We know the desire to purchase a next-generation console would be significantly diminished if new consoles were to prohibit playing pre-owned games, limit portability or not play new physical games."

Twenty-seven percent of GameStop's revenue and almost fifty percent of the company's gross profit came from used game sales in the last fiscal year, according to the Bloomberg report. In the last quarter, used game sales accounted for fourty-three percent of the company's profits.

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, Kansas City Video Game Examiner

Jessica (AKA Elaine Spencer) is an indie author, Zelda Speedrunner, and freelance writer residing in the Kansas City area. She enjoys playing video games and the violin, both of which she started at a young age. Contact Jessica at Jessica_Perez@mail.com

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