Gamestop executive says new console launches “seem imminent”

Xbox vs. PlayStation
Comments out of Gamestop’s investor day have added fuel to the rumor fire that new wave consoles, including the Nintendo NX, the rumored “PS4K,” and an upgraded Xbox One, may launch this year. During an investor briefing in Grapevine, Texas on Thursday, Gamestop COO Tony Bartel told shareholders that a series of new console launches “seems imminent,” according to Gamespot.

“Although we have not modeled extensive growth for new innovation in this presentation, we are very pleased to see the introduction of technology like virtual reality and rumored new console launches, some of which seem imminent,” Bartel said. His presentation also included a slide stating that “Virtual Reality and new consoles are expected to accelerate category growth in the near future.”

The news follows a series of reports indicating that all three home console manufacturers may launch new hardware in 2016. Multiple reports out of last month’s Game Developer’s Conference suggested Sony plans to launch a 4K- and VR-optimized version of the PS4. Recent FCC documents and leaked photos of new components suggest that Microsoft may launch an “Xbox One slim” in the near future. Meanwhile, Nintendo has said it will offer more information on its next console, codenamed “NX,” in 2016, but rumors and reports surrounding its development have suggested in may hit stores this year as well.

When asked specifically by investors if the new consoles he referred to included the Nintendo NX and other rumored consoles, Bartel said he could not comment. According to Gamespot, however, another company executive said, “As usual, we know more than we can share.” However, Gamestop projected that new consoles may generate $15 billion in sales over the next two years, based on market share. The gaming retailer expects to sell as many as a third of those consoles, earning the company a projected $5 billion.

Gamestop also stated that “expectations are very big” for VR hardware sales. Though Gamestop does not currently carry the Rift or Vive — unsurprising, given Oculus and HTC’s pre-order fulfillment issues — the company plans to build substantial market share in VR hardware sales in the next few year. In his presentation, Bartel projected Gamestop would command 20 percent marketshare by 2019, and generate $3 billion in sales. Gamestop is currently taking pre-orders for Sony’s PlayStation VR headset, which is on track to ship October 2016.

Gaming

Blizzard’s latest hiring spree is likely for the unannounced ‘Diablo 4’

Activision Blizzard is hiring for more than a dozen positions on unannounced Diablo projects. Some of the roles are likely for the unannounced Diablo 4, the next mainline entry in the series.
Gaming

The hottest Nintendo Switch games you can get right now

The Nintendo Switch's lineup started off small, but games have steadily released as the console continues through its second year. Here are the best Nintendo Switch games available now.
Gaming

Relive the 8-bit gaming era with the best NES emulators for Android and PC

For years prior to the release of the NES Classic, emulators have offered a means to every NES game ever created without needing the console. Here are the best NES emulators for Android and PC.
Gaming

Xbox One X vs. PS4 Pro: Which console is more powerful?

Far from cooling down, the console wars are only getting more intense. We compare Microsoft's Xbox One X to Sony's PlayStation 4 Pro to help you decide which premium console is right for you.
Computing

Is AMD's Navi back on track for 2019? Here's everything you need to know

With a reported launch in 2019, AMD is focusing on the mid-range market with its next-generation Navi GPU. Billed as a successor to Polaris, Navi promises to deliver better performance to consoles, like Sony's PlayStation 5.
Gaming

Everything we know about 'Red Dead Online', including the new mode Gun Rush

Red Dead Online will gradually rolled out to Red Dead Redemption 2 players via a beta. We've got all the details about the beta's suite of competitive and cooperative modes, as well as what to expect going forward.
Emerging Tech

Awesome Tech You Can’t Buy Yet: camera with A.I. director, robot arm assistant

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!
Gaming

Fortnite V-Bucks being used by criminals for money laundering on dark web

Criminals are using Fortnite's V-Bucks for money laundering schemes on the dark web. Epic Games, apparently, is not doing enough to prevent the game from being used for the illegal activity.
Gaming

Mortal Kombat 11 Kollector’s Edition comes with a life-size Scorpion mask

The Mortal Kombat 11 Kollector's Edition will come with a human-sized replica of the mask of Scorpion, one of the most iconic fighters of the series. NetherRealm Studios has also announced the game's preorder bonuses.
Gaming

Xbox app lets you access your console while away from home. Here's how

Microsoft's Xbox allows you to access your profile information and launch media content directly from your mobile device. Check out our quick guide on how to connect your smartphone to an Xbox One.
Gaming

These are the best indie games you can get on PC right now

Though many indie games now come to consoles as well, there's still a much larger selection on PC. With that in mind, we've created a list of the best indie games for PC, with an emphasis on games that are only available on PC.
Gaming

This list of PlayStation 4 exclusives puts its competitors to shame

The PlayStation 4's game library and incredible selection of exclusive games could make anyone with an Xbox One or Nintendo Switch think twice. Here's our list of the latest and greatest PS4 exclusives.
Gaming

Goodbye, Machinima: YouTube gaming channel pulls the plug after 13 years

Machinima, a YouTube gaming channel that was launched in 2006, has suddenly shut down, with all of its videos set to private. The #RIPMachinima hashtag is now making the rounds in social media to reminisce about the channel's content.
Gaming

Overkill’s ‘The Walking Dead’ delayed indefinitely for PlayStation 4, Xbox One

Overkill's The Walking Dead for the PlayStation 4 and Xbox One have been postponed without a new release date. The co-op zombie shooter suffered massive delays, then received lukewarm reviews once it launched for the PC through Steam.