*Look for Kinect enabled games and features. 1080p HD resolution available with supported content. Some features, including Skype, Game DVR and picture-in-picture with Twitch require broadband internet; ISP fees apply. Game download from Xbox Live and requires up to 1.4 GB
Microsoft's surprising announcement that Xbox One policies towards connectivity and used games will now mirror the Xbox 360 has already had an effect. GameStop's stock rose nearly 6 percent in after-hours trading, reflecting the the fact that the company can now look for revenue from used Xbox One games. A spokesperson for GameStop told Polygon "GameStop welcomes today's announcement from Microsoft about changes in functionality for its next-generation console, the Xbox One. This is great news for gamers and we applaud Microsoft for understanding consumers and the importance of the pre-owned market."
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The company operates retail stores under the names GameStop, EB Games, Babbage's, Software ETC, Micromania, MovieStop, Planet X and FuncoLand. In addition, the company runs three e-commerce websites (GameStop.com, EBgames.com and ImpulseDriven.com), Flash game site Kongregate, Jolt Online Gaming, and Game Informer magazine, GameStop's proprietary video and computer game publication. In addition to video and computer games, GameStop sells magazines, strategy guides, and other related merchandise. In the fiscal year ending May 2010, 48.1% of GameStop's profits came from the sale of used video game products.
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