Gamestop has responded to the rumor posted by Edge that the Xbox 720 will ban the sale of used games.
Gamestop spokesman Matt Hodges told Bloomberg:
“We know the desire to purchase a next-generation console would be significantly diminished if new consoles were to prohibit playing pre-owned games, limit portability or not play new physical games.”
Gamestop earned 27 percent of its revenue and around 46 percent of gross profits from used games during the business year ended in January 2012.
Microsoft has yet to officially comment on the matter of the Xbox 720 banning the sale of used games. All that has been said so far is that the company “does not comment on rumors or speculation“.
Source: Bloomberg
this will never happen, the financial ramifications towards xbox would kill the company..gamestop accounts for over 60% of xbox revenue, they could with stand the loss of that. As well as block second hand sales and not the auto industry will want zero used car sales unless the sell them. Second hand retailers like goodwill would go away. This is total greed. When Activision makes 1 billion dollars on Call of Duty Black ops 2 in 14 days. Xbox isnt hurting. Congressman have already spoken out on this issue, and have said it wont be allowed. Its like anything ban one they all get banned to many companies would lose out not just Gamestop, Gamefly would go out of business as well, as well as all mom and pop game retailers who usually rent games as a source of revenue stream.