Business

Gamestop

GameStop Growing Its Business Through Tech Not Gaming

Gamestop
photo credit forbes.com

CNET is reporting that Gamestop will be opening another 300-400 stores over the next year. But these stores will be selling Apple products and other mobile devices. We all know GameStop as one of the biggest gaming retailers out there, they’re not hard to find. Well, the company is aiming for a broader growth footprint branching out from gaming products to technology products. GameStop’s “Technology Brands” division already operates 200 of these types of stores in the United States and they generate around $63 million dollars in annual revenue. And let’s face it, technology products, especially mobile, wearable and portable products, are just growing in popularity and demand so it seems a natural way to go.

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Speculating on Overlay Tech (OT)

minority-report-overlay

 

More and more we are bringing the machine out of the virtual world and overlaying it onto the real world. One of the more obvious examples of this is Google Glass and mapping. You can see the map before you as you drive which is much less invasive toward driving safety than looking down or over at your phone. Glass though, is only a very small step in bringing true OT (Overlay Tech) to the world at large.

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