A day after Sony filed a patent application for technology that would blocked used games and stocks fell 5 percent, Gamestop shares have risen again, thus recovering from the loss.
As written on Gamespot, ‘GameStop shares bounced back today, up more than 2 percent to $24.85 at press time.’ This was on Jan. 3, 2013.
An earlier article I wrote details such a problem occurring in the future of the video games. Several companies are looking at technologies that would block the use of used games; they would make it so only the original owned can use the game. This would end up putting retailers like Gamestop out of business.
Analysts were not very into the idea. Several told Bloomberg Businessweek that ‘such technology would be detrimental to Sony’s overall business’, as well as Gamestop’s.
Sony has not commented on the action. And this patent application does not necessarily mean that such technology would be implemented in the next generation of consoles, specifically the Playstation 4.
For more information, visit the Gamestop article by Eddie Makuch.
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