Wholesale Games Industry and Market News
GameStop Q2 2024: Sales Plummet, Store Closures Loom
GameStop’s financial results for the second quarter of 2024 indicate a sharp 45% drop in sales compared to the same period last year.
PS5 Pro launches on November 7, 2024
Sony has officially unveiled the PlayStation 5 Pro, a highly anticipated upgrade to the PS5, which will be available starting November 7.
iPhone 16 brings AAA gaming with faster chip and ray tracing
Apple has unveiled its latest iPhone 16, emphasizing its newfound capabilities to run AAA games, previously reserved only for Pro models.
Ubisoft faces investor pressure to go private and restructure
Ubisoft saw its shares tumble after a call from a minority investor, AJ Investments, urged the company to go private.
Top 10 best-selling video games in Japan in August 2024
Japan monthly charts, Aug. 2024:
1. Powerful Pro Baseball 2024-2025
2. Mario Kart 8 Deluxe
3. Nintendo Switch Sports
Switch 2 may have backwards compatibility support
Recent reports about the much-anticipated “Switch 2” suggest that it may offer backwards compatibility.
Embracer Group sees 24% drop in Q1 2024 sales
Embracer Group has released its financial results for the first quarter of its 2024 fiscal year, reporting a significant 24% decline.
European video game sales see modest rise in July 2024
EU charts, July 2024:
1. EA Sports FC 24
2. Grand Theft Auto 5
3. Elden Ring
Top 20 best-selling video games in the US in June 2024
US monthly charts – Jun 2024:
1. Elden Ring
2. Call of Duty: Modern Warfare 3
3. Kingdom Hearts: Integrum …
PS5 console sales hit 4m in the UK, less than PS4 in same period
The PlayStation 5 (PS5) console has recently surpassed the milestone of 4 million units sold in the UK.
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