It’s amazing what some new hardware can do for an industry.
Total global sales are up 7 percent from this time last year, GameStop releases in its earnings report for the first fiscal quarter of 2014 (ending on May 3). Total global sales were at $2 billion. Strong demand for new consoles helped spur that growth, showing that after a couple of years of sagging results, the arrival of the PlayStation 4 and Xbox One are lifting the home-console market, a multibillion-dollar industry. Diluted earnings per share were at $0.59.
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