GameStop COO says new consoles 'seem imminent'

GameStop might be gearing up for new Xbox, PlayStation, and Nintendo hardware.

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Many consumers are hesitant to pull the trigger on an Xbox One or PS4, and with good reason. Rumors continue to swirl regarding updates to or brand new installments in both lines of hardware, and Nintendo is due to unveil its next console, codenamed NX, at this year's E3.

When will we be able to buy one or more of these new games boxes? Imminently, according to GameStop chief operating officer Tony Bartel. Speaking at the company's Investor/Analyst Day briefing in Texas (via GameSpot), the COO remarked that new consoles "seem imminent," although he confirmed to attendees that the company has not factored any of them into the company's projected earnings report.

"Although we have not modeled extensive growth for new innovation in this presentation," Bartel said during the briefing, "we are very pleased to see the introduction of technology like virtual reality and rumored new console launches, some of which seem imminent."

It's worth noting that GameStop has not yet accounted for sales of VR headsets in its earnings reports.

Bartel's projection is just that: a projection. Even so, he added more fuel to a growing fire. There's been a lot of buzz about "PS4K" and "Xbox 1.1" consoles, and signs point to Nintendo throwing production of NX into overdrive to hit a holiday 2016 release date. Wall Street published a report claiming Sony would announce a beefier PS4 by quarter four, and Microsoft has hinted at a revision to Xbox One.

Granted, an executive prognosticating about consoles is a rumor at best, and a surefire way to get investors excited about GameStop's future, which has been aggressively branching into new avenues of the games industry since publishers made a push to digital storefronts approximately halfway through the Xbox 360/PS3 generation, threatening the retail giant's bottom line: physical media.

Still, the best way to root out fact from fiction is to consider how often a rumor continues to pop up, and talk of better PlayStation, Xbox, and Nintendo hardware only continues to heat up.

Long Reads Editor

David L. Craddock writes fiction, nonfiction, and grocery lists. He is the author of the Stay Awhile and Listen series, and the Gairden Chronicles series of fantasy novels for young adults. Outside of writing, he enjoys playing Mario, Zelda, and Dark Souls games, and will be happy to discuss at length the myriad reasons why Dark Souls 2 is the best in the series. Follow him online at davidlcraddock.com and @davidlcraddock.

From The Chatty
  • reply
    April 14, 2016 3:00 PM

    David Craddock posted a new article, GameStop COO says new consoles 'seem imminent'

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      April 14, 2016 3:01 PM

      [deleted]

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      April 14, 2016 3:04 PM

      beefier consoles! where's the beef? they beefs.

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      April 14, 2016 3:15 PM

      I hear nintendo's moving to x86 and 4K. Please please please don't fuck it up, Nintendo. charge whatever you want for it. Just make it awesome.

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        April 14, 2016 3:36 PM

        I hope they do. x86-64 is allowing developers to fairly easily navigate between PS4, Xbone, and PC for maximum profit. If Nintendo chooses to be the black sheep with Power PC they may as well just publicly get up on a pedestal and tell third party publishers to go and fuck themselves.

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        April 14, 2016 5:19 PM

        Where you "heard" that makes all the difference.

        But entertaining the possiblity: that would end the long streak of backwards compatibility they've had

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          April 14, 2016 5:22 PM

          Businessinsider told me.

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            April 14, 2016 5:28 PM

            I think it's more likely they move to the ARM architecture, since I think their next console will be hybrid mobile device

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              April 14, 2016 5:29 PM

              will likely be*

              nobody actually knows but Jesus and Miyamoto

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              April 14, 2016 8:35 PM

              The irony being their handheld consoles have been on ARM since the GBA. Distant predecessors of what we use today of course but still, ARM goes way back on mobile devices.

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          April 14, 2016 7:31 PM

          They could use virtualization to handle BC, it would probably be easier to handle it that way over the long term, anyway.

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            April 15, 2016 5:24 AM

            If the CPU is the issue it's such a small part of the Wii U it might make more sense to put it in the next system and used in the NX for more periphery processing.

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          April 15, 2016 5:33 AM

          They have to use emulation for backwards compatibility. IBM stopped development on the chips they used for the Gamecube/Wii/WiiU.

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      April 14, 2016 3:20 PM

      Im pretty confident the new systems are coming sooner rather than later. You gotta think sony and ms both got blind sided by vr. If you look back to 2012 when they were still developing xbone and ps4, vr was nothing more than a kickstarter that a few people thought was cool now vr is a very real very cool thing.

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      April 14, 2016 3:24 PM

      Didn't the last generation run for like seven or eight years? I remember this generation being called underpowered at launch, but it seems really soon for new models already.

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        April 14, 2016 3:50 PM

        Maybe not new models, but something akin to an expansion pack. Except you have to buy a new console to get it.

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      April 14, 2016 3:57 PM

      Agreed. Too soon. Maybe 4k versions, but nothing more than an incremental update.

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      April 14, 2016 4:16 PM

      You know what seems imminent as a motherfucker. The death of Gamestop.

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        April 14, 2016 4:17 PM

        ppl have been saying that, seemingly, for a decade now.

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          April 14, 2016 5:38 PM

          I imagine that it's the same people who keep thinking we are going 100% digital anytime soon.

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        April 14, 2016 4:24 PM

        Nope. Not anytime soon.

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        April 14, 2016 4:42 PM

        I disagree, fam.

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        April 14, 2016 8:36 PM

        If they last half as long as Blockbuster did when people started saying that we're in for a long ride.

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        April 14, 2016 10:53 PM

        I seriously hope not.

        I'm not remotely a part of the "hate GameStop" circlejerk. I'm a pro rewards member that over time has been able to make a gaming budget possible.

        First of all, if a game ends up being only worth like 75 cents, I don't really bother selling it. Unless there's one of those rare, but great deals where 2-3 games traded nets you a bonus trade value regardless of the game's individual values. Boom, that's money you didn't have right there.

        Second: points, sales, and trade value. Their trading system has seriously helped me, a lot. And I get what pisses off so many of you: buying a game for $60 only to get $20 back, 15$ back, $5 back, $1 back. Yeah, once upon a time, The Order was worth $60, and now I can sell it for less than $5 to GameStop.

        It's really not their fault that many games just aren't worth shit.

        On top of that, I've earned enough for $50 rewards, $25 rewards, etc. All of this amounts up to money I didn't have available before, and now I can actually buy games.

        Perspective.

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        April 15, 2016 4:39 AM

        Please die.

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      April 14, 2016 5:11 PM

      Interesting. This could be just "slim" versions though, but maybe a few upgrades hopefully.

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      April 14, 2016 5:13 PM

      paging Vornoporno

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      April 15, 2016 5:16 AM

      This shouldn't be a surprise to anyone. Console generations have been 4 or 5 years tops except for the last one. It isn't a technology limit as much as a consumer driven one. 4 years seems to be how long an electronic gadget holds the typical consumer's interest until they stop investing in it (buying games, movies, etc) and put it in the closet.

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        April 15, 2016 3:41 PM

        The problem here is the platform build out requirements now. The bar is so much higher for what these consoles are expected to do that you can't have a life span of six years, kill it all and start over. It's way too hard to compete AND make a profit, as well as dodge failure and just wast a bunch of money.

        They'll have to find a way to make these cycles longer, or have platforms that are more malleable and have some kind of natural upgrade built it. The only other option is to grow the home console user base, and that doesn't seem to be happening.

        Microsoft and Sony didn't sell many more consoles last generation than Sony sold the one before. From Sony's perspective they did much worse with the PS3, than they did with the PS2, and that console may well be a failure for them.

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