• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

GameStop Stock Suffers Due To News Of The PS4’s Anti Used Game Initiative

January 3, 2013 by Matt Hawkins

Though one of the gaming industry’s top analysts states that there is no reason to panic.

Yesterday we reported how Sony has applied for a patent that would restrict used games from being played on their new system. It's a move that will help many parties, but also hurt certain ones as well.

Largely GameStop, which primarily relies upon secondhand game sales. And as a direct result of such news, their stock tumbled yesterday.

Though as Kotaku notes, not everyone believes that Sony would be crazy enough to actually pull the trigger on such an initiative. As gaming industry analyst Michael Pachter of Wedbush Securities states:

"Sony benefits little from a unilateral decision to block games… The company's first party software sales represent less than 10 percent of overall sales on its consoles, and it is unlikely that blocking used games would result in a lift of more than 10 percent in new game sales. That means that Sony's sales would rise only marginally if the PS4 blocked used games."

Sony would be materially hurt if its console blocked used games and competitor consoles from Microsoft and Nintendo did not."

Pachter has repeatedly stated the same exact sentiment whenever the idea of blocking used games has come up, which has been often in recent months and years. He also maintained in GameStop's stock, encouraging all to either purchase future shares, or to maintain any if they are already owned.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

10 Recent Games We REGRET We DIDN'T COVER

10 Recent Games We REGRET We DIDN'T COVER

Crimson Desert: 10 MISTAKES YOU SHOULDN'T MAKE

Crimson Desert: 10 MISTAKES YOU SHOULDN'T MAKE

Crimson Desert (console) - Before You Buy

Crimson Desert (console) - Before You Buy

BETHESDA REGRETS ELDER SCROLLS 6, 10 NEW GAMES ANNOUNCED & MORE

BETHESDA REGRETS ELDER SCROLLS 6, 10 NEW GAMES ANNOUNCED & MORE

Crimson Desert: 10 Things The Game DOESN'T TELL YOU

Crimson Desert: 10 Things The Game DOESN'T TELL YOU

Crimson Desert - Before You Buy

Crimson Desert - Before You Buy

What The HELL Is Going On With Nvidia DLSS 5?

What The HELL Is Going On With Nvidia DLSS 5?

20 Upcoming Games That CROSS THE LINE OF INSANITY

20 Upcoming Games That CROSS THE LINE OF INSANITY

10 Video Game Graphics That STILL Hold Up

10 Video Game Graphics That STILL Hold Up

Category: Updates

Sidebar

Recent Posts

  • Rumor: 3rd Party Studio Abstraction Games Built Halo: Campaign Evolved’s Missions
  • Minecraft Dungeons II Releasing 2026 On Xbox, PC, PS5, Switch, and Switch 2
  • Another Fake GTA 6 Leak Was Debunked Immediately
  • Insomniac Games “Wants To Show More” Of Marvel’s Wolverine Before This Spring
  • Subnautica 2’s CEO and Founders Bring Krafton Back To Court Over Early Access Announcement

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme