Gamestop stock falls even further, lowest it's been in 17 YEARS

venturebeat.com/2019/06/05/gamestops-future-is-grim-as-its-stock-price-crumbles/

>Stock hasn't been this low since 2003

>Two thirds of the company's market value has been lost in just 6 months

>Next quarter earnings are expected to be worse.

>News from Google Stadia and Microsoft's streaming services over E3 will likely hit the stock further

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Closing sale when?

Yaaaaaay! I can't wait for gaming to go full digital so i can finally own nothing! Progress!

Physical Hardware is dead.

Physical software is dead.

The tweens of Yea Forums will have to be dragged kicking and screaming into the new age of digital streaming services and subscriptions. I cannot wait to watch the tears and denial.

physicalfags can find way better deals online and digitalfags can just pirate. of course they are dying

>the only place you can buy physical media is Gamestop
imagine being this brainwashed and underage

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Fuck Gamestop.
I'm going to keep a few hundred dollars set aside and go to all of the stores I can when they have their going out business sale.

>people think this I'd the end of physical games
You're just gonna forget them shipped to u or go to a general store instead

having walked into one a few months ago, it basically has become an video game store version of spencers. It sells so much hipster merch now that the games aren't even in the front of the store anymore.

Serves them right for how they treated _____!

>Double the sales instead.
>Buy games for an even lower price than before.

The reality is; none of the big three, nor any developers want you to have physical software. There's no downside to them. Its over. You will have nothing.

user, you know many stores (online and in the real world) stock psychical games, right? Do you think those numbers dropped over night, or people moving away from Gamestop?

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But why care? Just buy from gog.

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This

Look at you, trying to change the topic
Let me translate your post:
>the only place you can buy physical media is Gamestop

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Wrong user, you'll have a box, with a cardboard disk telling you to redeam an online code, along with other goodies, for buying special editions.

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FUCKING GAMESTOP
God I live digital distribution so much, you won't jew me out of another $50 ever again by making me sign up to extended warranties, preorders of games I don't even want and other shit.

Let me translate reality; Gamestop's oblivion is symptomatic of the paradigm shift currently happening in the industry. Physical hardware and software will soon be a thing of the past. Sorry.

In my country they only sell videogame related toys (Nintendo?) and fortnite cards crap. Videogames are just in some dark corner.

>GameStop is going to die and we are going to lose untold treasures that people didn't know they were holding hostage
This is going or be the worst apsect of them dying. They're going to destroy a lot of classic and rare games and consoles.

How else am I going to dump off games that I don't want anymore?

Kek

>pls pls gamestop don't die, where am i gonna buy my funko pop of marvel avengers that tree guy is so funny!

>Lowest ever
INVEST NOW
INVEST NOW
INVEST NOW

>GameStop’s decline is completely because no one buys physical
>it nothing to do with their garbage business practices pushing away their consumer base

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I only buy physical and haven't set foot in a GameStop in years. Also learn how to use semicolons, you look like a retard when you just randomly toss it in a sentence.

comic shops are like that too
seems americans in general really hate physical media

ill keep sticking to it tho

sell them to other people?

Physical sales are dropping in general as well

What part of
>dump off
Do you not understand?

>Lowest in 17 years? It's only been around for-
>established 1999
Oh God

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Its been said 7 billion times already, but Gamestop isnt the only place selling Physical games, and the more the general US populace realizes that, the worse gamestop gets.
They cant exactly stop it, either, the more sales they lose, the more they have to push their shitty memberships and the more they have to push you to buy the newest releaes and harass you in the store, which is exactly why people dont want to go there.

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Like any other business in the gaming industry, ignoring the Nintendo fanbase has pretty much killed them. I and pretty much everyone I know stopped going in once they started getting rid of Gamecube games, and in the Wii era they did everything they could to try and steer you away from the Wii and its superior titles to try and get you excited for Unchrated II and Bioshock.

While that may be true, it has been a long time coming for Gamestop. This is all the walls closing in, not just one issue.

BTW, Psychical copies for God of War, Resident Evil 2, Days Gone, Red Dead Redemption 2. ect and thew the fucking roof. They may not be the "norm", but some games are moving insane amounts of units still

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>mfw gamestop died

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>MFW I worked at Gamestop last semester
>Creepy guys talking to me all the time
>Managers complimenting everything I do
>You're a great salesperson user
>You should come back! The company is doing really well this year!

I don't see this brought up enough here, but the company itself is DESPERATELY trying to pretend that everything is fine. Management is being told to tell workers that everything is going to be fine in a desperate attempt to keep people until they declare bankruptcy.

Fuck Gamestop and FUCK I wish I talked to that one regular before I left.

>Physical Hardware is dead.
>Physical software is dead.
man, will you have a rude awakening.

Oh yeah, Bad PR made their sales even worse, because only trannyzoids were buying Physical

yeah instead of contracting their number of stores and focusing on profitable locations and keeping decent games in stock they just threw a bunch of Chinese garbage in there thinking it would save their bottom line.

Fucking retarded management man.

Closing stores would help. They really don't need multiple stores in a single city center. Having said that, who are they actually going to sell the spaces to? Brick and mortar stores are all dying. They'll have trouble off-loading that much floor space.