Next-Gen Consoles Might Be Revealed Relatively Soon, GameStop Predicts

New consoles from Microsoft and Sony might be coming soon. Retailer GameStop today said on an earnings call that it expects new hardware sales to slow down in 2019 on account of people hearing about new consoles and waiting for them to arrive.

“With respect to new hardware, as we get closer to the end of the current console cycle for Xbox and PlayStation, we expect demand to decline as some customers choose to wait on the sidelines in anticipation of acquiring the next generation of innovative consoles,” CFO Rob Lloyd said.

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