Management Comments, Conference Calls, Insiders' Blog

GameStop (GME) Sees 'Large Waiting List' for Microsoft's (MSFT) Xbox One Console

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Microsoft (Nasdaq: MSFT) is active today as video game retailer GameStop (NYSE: GME) holds its quarterly conference call.

CEO J. Paul Raines commented today that GameStop is seeing a large waiting list for Microsoft's Xbox One console, which is slated to be release on Friday, November 22nd.

Additionally, GameStop execs said that the company sold more Sony (NYSE: SNE) PlayStation 4 units in the first three days versus PlayStation 3 units over the same period during its initial sales period.

GameStop said that about 2.3 million customers are on the waiting list for the next-generation gaming consoles.

Shares of GameStop are down 6.6 percent, Microsoft is up 0.8 percent, and Sony is up over 1 percent.

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