GameStop Confirms PS4 Launch for Xmas 2013

Working on GameStop's official word that is

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GameStop Confirms PS4 Launch for Xmas 2013
Robert A. Lloyd is the Chief Financial Officer and Executive Vice President of GameStop and he's announced that PS4 will launch between December 2013 and February 2014. So, yes, unless madness ensues Xmas AKA The Holidays this year.

"GameStop's fiscal (year) 2012 will end on February 2, 2013" was the way that the retailer's Fiscal Year ran in 2012. So, 2013 will go from December to February once again. Let's see what Robert told analysts and investors in a phone call.

"As we disclosed in the press release, we expect the first half of the year to be very difficult, as we wait for the next console cycle to begin, and face the decline in demand that typically occurs after new consoles are announced. With Grand Theft Auto V and Battlefield IV releasing in the third quarter, and the PlayStation 4 launching in the fourth quarter, we expect a return to growth for the back half of the year."

That's about as official as it comes really. And where did it come from? We got it from the SeekingAlpha transcript of "GameStop Management Discusses Q4 2012 Results - Earnings Call". So there's no quibbling to be had.
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Comments

erik 2 Apr 2013 20:44
1/1
No its actually not as official as it gets. Sony already told us it was coming out holiday 2013. That's as official as it gets dumbass
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