GameStop expects new PlayStation 4, Xbox One, and other hardware sales to drop 10% in 2016

GameStop doesn’t share Wall Street’s confidence about its outlook for fiscal 2016. The world’s largest gaming-focused retailer announced that it expects to earn somewhere between $3.90 and $4.05 per share this year. Analysts were expecting something closer to $4.09. GameStop’s core business of selling video games and consoles is the big reason the company isn’t […]