Tonight the much-anticipated Halo 3 created by Microsoft’s Bungie goes on sale. The game looks phenomenal and has received a lot of hype on superb game play and graphics. Sales are estimated to top $200 million on the first day!
One of the biggest winners with this new game will be GameStop Corp. (Ticker: GME). We mentioned in our last post on GME that GameStop’s continued high sales will come from videogames and this blockbuster release shows the potential behind videogame sales. Gamers are lining up at stores all over to grab a copy of this game when it goes on sale at 12:01am on September 25th.
GameStop Corp (GME) is still a great buy and should perform very well through the holiday season!
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Comments (2)
I got Halo 3 last night for my kids and the game looks incredible. The midnight crowd at GameStope was incredible. I'm really glad I own GME, the price is down today but it is going to be a great stock for the holiday season!
Posted by Ryan | September 25, 2007 7:02 AM
That $200 million figure is absolutely amazing. Halo 3 is certain to help GME, which has already been doing very well even before today's launch. GME has a very healthy balance sheet which should help it going forward as well.
Posted by Aaron | September 25, 2007 3:16 PM