Tag Archives: Daniel DeMatteo
Fri, Jan 08, 2010 | 07:18 GMT
Pachter: Walmart and Amazon cut into GameStop’s holiday profits
Industry analyst Michael Pachter has said that retail outlets like Walmart and and Amazon cut into GameStop’s holiday profits, which the company avoided discussing when it revealed its figures for the season yesterday.
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Posted in: America, Financials, Retail, Trade, hardware
Tags: amazon, Daniel DeMatteo, gamestop, michael pachter, walmart, wedbush morgan
Fri, Jan 09, 2009 | 11:10 GMT
Gamestop: PS3 “a great machine,” but pricey
Included in a press release issued yesterday detailing Gamestop’s Christmas sales surge and share hike, company chief executive Daniel DeMatteo described Sony’s PlayStation 3 as a “great machine” but added that he felt it was a little too pricey for the current economic climate.
From the release:
DeMatteo called Sony Corp.’s PlayStation 3 a “great machine,” but said it is just a bit pricey for the current economic environment. The cheapest Xbox 360, which comes without a hard drive, costs $200 and the Wii is $250. Sony Corp.’s 80-gigabyte PlayStation 3 console, which includes a Blu-ray player, sells for $400.
Sony issued a statement yesterday essentially saying that PS3 is better value for money than any of its competitors.
By Mike Bowden
Killzone: Shadowfall artwork and screens released