Kinect helps GameStop reap record holiday sales
GameStop raked in record revenue during the holiday-shopping season, the retailer announced today.
During a nine-week period that ended January 1, GameStop generated $3.02 billion in revenue, up 5.4 percent compared with 2009. The company saw a 100 percent revenue gain through GameStop.com, compared with the same period in 2009. The company's gift card sales in December were up 32 percent as well, it reported.
The sales figures "exceeded" its expectations, the company noted.
The video game retailer stopped short of announcing individual product sales, but noted that overall hardware revenue was up 7.… Read more
