GameStop: 'We continue to sell over half of all PS4 and Xbox One' games

If you buy games for new consoles, you are probably buying them at GameStop.

The gaming-specific retailer reported massive revenue for its Q2 today, and the PlayStation 4 and Xbox One were both big drivers of that success. The company generated $1.73 billion during the three months ending July 31, which is 25.1 percent increase compared to $1.38 billion in the same period in 2013. The company isn’t just selling a lot of games — it’s actually selling most of them. GameStop confirmed that its market share for software sales on Xbox One and PS4 are actually more than 50 percent of all games sold for those systems. Consumer appetite for experiences on those consoles remains high, which puts GameStop in an incredibly good position to continue generating profit from the multibillion-dollar gaming industry well into the future.