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GameStop Can't Be Saved. Don't Listen To Yahoo Finance… | JabarPos Media

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What Is Finance? (Definition of Finance)

Finance has the meaning of financing and various activities related to money such as lending, lending, saving, making budgets and others.

There are 3 types of finance that are commonly owned by people, namely, personal finance, corporate finance and government or public finance.

Financial Example

Some examples to explain about finance can be seen from the following things.

  • Lending money to investors by issuing permits on behalf of the company.
  • Invest money in shares or other forms.
  • Lending money by giving them a mortgage to buy a house
  • Save money in high-interest savings.
  • and others

Financial Topic

There are various financial topics that are of concern to the public, invited:

  • Profit
  • Capital
  • Cash flow
  • Financial statements
  • Dividend
  • Return on capital
  • Loss
  • Return rates, and other fees

Financial Information Sources

To discuss financial issues, there are several sources of information that are popular in the community and can be used as reference material.

  • Google Finance, for example such as market data, stock prices, news and others.
  • SEC website or company submission
  • Bloomberg News that contains news about companies and industries.

Financial Career

There are several types of careers that complete finance, given:

  • Accounting
  • Financial planning
  • Mortgage
  • Investment Credit
  • Personal banking
  • Commercial loans
  • Wealth management
  • Insurance
  • Audit
  • Equity Research



Yahoo just has it all wrong when it comes to the future of GameStop. Let’s discuss.

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Sources cited in this video:
http://gamasutra.com/view/news/331828/GameStop_reports_4886_million_loss_despite_strong_software_sales.php
https://www.bloomberg.com/news/articles/2018-11-29/gamestop-tumbles-after-forecast-suggests-holidays-will-be-weak
https://www.gamesindustry.biz/articles/2019-01-29-gamestop-gives-up-on-selling-the-company
https://finance.yahoo.com/news/why-gamestop-stock-survive-streaming-183037905.html
https://www.eurogamer.net/articles/2019-01-03-uk-video-game-sales-now-80-percent-digital

#Yahoo #GameStop

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22 Comments

  1. What will happen if places like Steam decided to shut down? Will you still own all those games you purchased? Since most of them needs Steam to run, how will you run the games if Steam is no more? I remember buying a game called M.A.G. for the PS3 and it was an online only game. Sony decided to shut down the servers so you can't play the game anymore. Total waste of money if game companies started doing that with a lot of their older games.

  2. In the Philippines, the only reason why physical copies are still prevalent here is because some storefronts like PSN and XBOX Live don't have regional pricing. But in the USA, I really am surprised that Gamestop lasted this long selling physical copies.

  3. The reason why he left the company was that he could sell the stock and not be blamed for insider trading. Not knowing how soon the company would go insolvent….leaving a company before ditching stock is the way to go.

  4. Of course no one wants to buy Game Stop…..Its a losing fight, Streaming content and access to games such as Steam IS killing Game Stop. Also Amazon, Walmart ships new games (pre-ordering) which is direct competition to Game Stop, which is also why Game Stop pre-orders have declined tremendously.

    Downloading through Consoles have become so much easier. Then consider Google Stadia (near future), Yes Digital Distribution is replacing Brick and Mortar stores. Its inevitable because Convience in Technology is easier than waiting in a line for a pre-order…along with the time it takes to drive there, drive home…install the game updates.

    I loved going to Game Stop but I havn't been to one in years. Also the last movie store in town closed a year ago….meaning people dont need to go out to rent games or movies anymore….as buying an older game and downloading it is always seen as a better option than renting an older game (Probably same cost comparatively), its a better option as you get to at least keep the older game (digital version) than just renting it.

    Look at Steam, or Xbox online store or Playstation online store…they have discounted older games all the time, The digital library has thousands of more options for games than a brick and mortar store which has a limitation of shelf space.

    So to end this statement…I do miss walking around and holding an unwrapped new game in my hands….reading the back and being interested of the cover art….sometimes the experience was hit or miss because we didnt have too many readily accessible user reviews…other than a gaming magazine review.

    Times change….I honestly think within the next 5 years Game stop will be no more….they will struggle…possibly come out with a few shiny offers for customers but it may even be to late to switch to an online presence for them. If I were them I would dissolve everything get what I could for it and create a streaming service. If you dont change with the times you will be left behind…Consider that Blockbuster got into the streaming game way too late and it failed.

  5. This person who wrote the article clearly has no idea how steam or any other video game works. Shouldn't his editor had asked somebody who actually plays video games to write about it?

  6. I love physical games rich, but game stop compared to Amazon and best buy?
    Yeah, that is also killing game stop. I somewhat buy the digital future, and I mostly game on pc now a days.

    But consoles, I kinda buy them physically.

  7. Personally I go to gamestop all the time for merch and because I like the feeling of having the actual game in my hands whether or not it's on my PC.
    And I'm sure some retro gamers will be and feel the same that there is this weird satisfaction of owning the game in your hands, knowing it's yours. So even let's say someone hacked you and deleted your game that you bought, at least you have another copy they can't delete away from you.
    That's another problem with online buying and distribution nothing is really yours because you can easily be hacked into and someone can ruin everything for you to where you have to buy them all over again.
    With a disk in your hands no one can really take that away from you unless sure, a jerk of a friend steals it on you but other than that, it's in your hands, you own it. You just have to be gentle with it.

    That's probably how gamestop stayed open this entire time, because people even I know here, that still go to gamestop and heck they're in the mall here having great business which is one of the few stores still open and I always see it crowded in there.

    Cause you also got to remember children as well, not every parent let's their kids buy games online and have a ball with it, even my brother let's his 5 year old play on his xbox and get's games for her.
    So where do you get consoles? Most likely either Amazon and or GameStop (at least around here)
    Cause parents I'm sure aren't going to be quick to buy their child an expensive good gaming PC (cause even let's say the father or mother has one but don't want them touching it) will go out and buy their child a console at GameStop along with whatever games cause it's actually cheaper that way then buying an expensive computer and then buying games online for them.

    If anything children may delay the effect for them.
    Even now I know some teenagers that aren't even allowed to buy things or play games on their computer or they don't have the money for that type of computer. So they resort to going to GameStop

  8. I doubt this will happen but what if Gamestop went all retro? I think Gamestop will just be an online store only in 5 to 10 years. I don't like that but it seems like the thing a lot of stores are doing that go out of business.

  9. yahoo finance dumps out hundreds of articles every day. Many are click bait terribly written articles. Much like this one that are completely wrong. This guy sounds like he owns gamestop stock and thinks its going back to 100 a share. LOL

  10. Originally I went with Netflix over Blockbuster not because the service was faster – because it started as a mail delivery DVD service… but I digress. Anyway I went with Netflix over Blockbuster because there were no late fees. You returned the movie when you watched it and they sent you another in your cue. Blockbuster killed me with late fees if there was a communication gap with my husband or son about when the movie had to be back… or we all thought the other had returned it… and so on. It had nothing to with late night trips to the Blockbuster drop box.

  11. I went to Gamestop today to order a game. I have 5 GameStops within 10 miles of me but I stopped really going to GameStop for most of my games years ago. This is mostly due to the fact that I could usually get games cheaper elsewhere, the quality of their used games was TERRIBLE, their stores were always super crowded, and I've also had a TON of bad experiences there. I also moved to PC gaming as my primary source of gaming in 2011. With that said, I still occasionally do go to take advantage of a deal or pick up a game I can't find elsewhere or rather can't find at a good price elsewhere.

    Well, I went in at 7pm and, just like the past 3 times, there was nobody else in the store but me and 1 employee who seemed really eager to talk with somebody. The complete opposite of how it was just 3 years ago. It's actually kind of sad to see really. I still remember going in there for the NES Classic, getting there around the time of their shipment just 3 or 4 years ago and there being a 20 person line with 3 registers open and still about a 15 minute wait.

    Meanwhile, the last several times I was in the local game store near me which was also this year, it was SUPER packed with people trading in games system, buying up lots of stuff, and people browsing the large selection of games and movies. This is in contrast to the digital distribution talk. I think GameStop now has a stigma of bad interactions with their employees, bad quality used games, not so great prices, and terrible company policies that have killed the store.

  12. GameStop could make a comeback, but they refuse to adapt to the changing market. You know why Best Buy is still alive? Because they put more focus on services.
    I mean, FFS, GAME-Stop of all places has LESS gaming stuff than Best Buy. GameStop doesn't even have a PC section! Best Buy is 100 times better and doesn't even specialise in games.

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