• 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

Blood Of Dawnwalker: 10 Things You NEED TO KNOW

Blood Of Dawnwalker: 10 Things You NEED TO KNOW

Top 10 NEW Games of September 2026

Top 10 NEW Games of September 2026

Top 20 NEW Medieval Games of 2026

Top 20 NEW Medieval Games of 2026

Mortal Shell 2 - Before You Buy

Mortal Shell 2 - Before You Buy

No Man's Sky: 10 YEARS LATER

No Man's Sky: 10 YEARS LATER

Open World Games That DON'T FEEL EMPTY

Open World Games That DON'T FEEL EMPTY

Hell Let Loose Vietnam - Before You Buy

Hell Let Loose Vietnam - Before You Buy

GTA 6 CEO ON GAMEPLAY, PHANTOM BLADE ZERO LOOKS INSANE & MORE

GTA 6 CEO ON GAMEPLAY, PHANTOM BLADE ZERO LOOKS INSANE & MORE

Onimusha Way of the Sword: 10 Things You NEED TO KNOW

Onimusha Way of the Sword: 10 Things You NEED TO KNOW

Category: Updates

Sidebar

Recent Posts

  • Rumor: EA Exec Called Employees “Little Babies” On A Hot Mic While Selling Them On Leveraged Buyout
  • Rumor: GTA 6 May Have A Monthly Subscription (Another GTA+?)
  • Cyberleek Got Paid For Their Latest GTA 6 Leak
  • Rumor: Most Of Naughty Dog Were Working On The Last Of Us Online Before Joining Intergalactic: The Heretic Prophet
  • The Duskbloods PvPvE Gameplay Round Leaks Early

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