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Raines said Microsoft's changed plans show how much consumers care about being able to trade in and buy used games. Before someone even buys a new game, they assume they'll receive about $25 per game when selling them back to places like GameStop, Raines said. Gaming companies will have to figure out a way to incorporate that resale value, which totals about $1 billion a year in credits for GameStop customers, by discounting digital games or taking other steps, he said. "Consumers see the residual value of games," Raines said. "It was pretty predictable that both [Sony and Microsoft] would support used games. Nobody wants to eliminate that subsidy."GameStop expects the pre-owned game market to grow during the new cycle of consoles. New consoles tend to cause more game trades as people upgrade their consoles and games to the latest generation. Also, older-generation console and game sales continue even after a new console has launched.

Meanwhile, Raines said there likely will be a supply shortage of the PlayStation 4 and Xbox One when they hit the market next month, However, he believes Sony and Microsoft will be able to meet demand faster than they have in the past, "Customers are going to be chasing consoles this fall," Raines said, So far, GameStop has sold all of the inventory it has been promised olixar armourdillo iphone xs protective case - red by Sony and Microsoft, and it has millions of people on its "first to know" back-order list, In the case of the PlayStation 4, 1.5 million customers are on the wait list, while 700,000 are looking for the Xbox One..

"These are numbers we've never seen before," Raines said. "Millions of people are standing by for a call from us..If we get more product, we'll turn on more orders."The back-order figures, which Raines first disclosed in August, seem to indicate that Sony's device is seeing more demand than the Xbox One. Raines wouldn't say if that is the case, and he declined to provide details about how many preorders GameStop has received for both devices. He did say, however, that "Sony has a nice start" while Microsoft is regaining momentum following some of its early hiccups.

"It's too early to tell [which will sell more]," Raines said, "Numbers can change in one week in November."Meanwhile, Raines said the big question for GameStop in 2014 is how big its mobile-device business grows, The company entered that market in 2011, buying back used iPhones, iPads, and other devices, It also now sells certain products, such as the Google Nexus 7, and it owns a 49.9 percent stake in authorized Apple olixar armourdillo iphone xs protective case - red seller Simply Mac, "I don't think it will be bigger than our core [gaming business]," Raines said, "But early 2014, there will be people asking how we think about our position in mobile."Paul Raines also believes there will be supply shortages of the new PlayStation 4 and Xbox One when the products are released next month..

"Gaming consoles have to come out with greater frequency if they want to be relevant in homes," Paul Raines told CNET during a meeting Monday. "We'll see more frequent updates."Traditionally, console makers such as Sony and Microsoft have released new products about every four to six years. They'll introduce their latest updates next month, with Sony's PlayStation 4 coming seven years after the PlayStation 3 and Microsoft's Xbox One coming eight years after the Xbox 360. In a world with yearly -- or even faster -- smartphone and tablet updates, seven-year stretches between console launches seem like an eternity.

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