The Xbox 720 has long been rumored or thought to try to eliminate used gaming, and the new information that has surfaced supporting that happening has damaged the major gaming retailer GameStop's stock.
According to a report from GameChup on Wednesday, GameStop's stock went down about 11% due to the news of the banning used games, which just came up.
In case you missed the major report that surfaced regarding the banning of used games, the new version of the Xbox Live program will be a crucial part to the next Xbox, and the Xbox 720 will also be shipped with an upgraded version of Kinect.
Sources who have first-hand knowledge of this project are the ones to confirm the information above.
They went on to say the Xbox 720 will be dedicated to online gaming, even though its content will still be sold in a physical form. It just sounds like retail sales will be of a lesser emphasis.
Those physical games will be made on 50GB Blu-Ray discs.
For those who do end up buying physical copies of games, they will come with activation codes, and without those codes they will have no further value outside of the first user.
So it's essentially one code per game and that's it for the unit. It doesn't seem like gamers will be able to buy second-hand copies and then pay a lower price for another code.
This not only will hurt the retail aspect of the companies who sell those physical copies, but GameStop may be all but finished as well.
What do you think about used-gaming?