How the PS4 and Xbox One transition has turned out great for GameStop so far

The new generation of gaming consoles are selling very well, and retailer GameStop is one company that’s already benefiting from that success.

During a recent summit for its investors, GameStop revealed that its market share for sales of PlayStation 4 and Xbox One hardware and software is up significantly compared to the same point during the lifecycles of the PS3 and Xbox 360. The company, which specializes in selling gaming products, detailed its current performance for investors as well as explaining some of its plans for the future. With the PS4 and Xbox One accounting for more than 10 million consoles sold worldwide since November, and with software sales for these boxes far outpacing games from last gen, GameStop is in an ideal position to maintain its presence as the go-to place for interactive entertainment in the near term. Retail spending on games was $13 billion in the U.S. in 2013, according to market-research firm The NPD Group.