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GameStop CEO Says Xbox 720 is 'Hot and Compelling'

GameStop said earlier this week that it expects demand for Sony's PlayStation 4 to outstrip supplies of the console at launch. However, the company also had some rather nice things to say about Microsoft's next generation console, the rumored Xbox 720. GamesIndustry reports that GameStop CEO J. Paul Raines is very excited for the next generation of Xbox. Speaking to GamesIndustry, Raines referred to the next generation of Xbox as 'hot' and 'compelling.'

"We've been spending a lot of time with Microsoft, but we have to let them take the lead on this, but it will be a very hot, compelling device," Raines is quoted as saying. "They are doing some really cool stuff, and I'm eager to hear them start their announcements because I think the world is going to stand up and take notice."

Raines also talked about the demand the retailer has seen for the PS4 (via its 'First to Know' sign-up list and feedback from PowerUp Rewards members) and said that GameStop expects similar demand for the Xbox 720 as well.

"There's a lot of demand for PS4, and I think there will be for the next Xbox as well, once it's announced," GamesIndustry cites him as saying.

While Sony has offered some information on its upcoming console, Microsoft has yet to spill any beans at all. It's thought the company might announce the Xbox 720 at E3 this coming June, but the company has yet to confirm that. Recent rumors regarding the Xbox 720 point to an '"Always On, Always Connected' approach with games installed to a HDD as opposed to played off of an optical disc.

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  • goodguy713
    knowing Microsoft I'm sure they are probably crunching numbers and trying to figure out how much money they are willing to subsidize in order to sell these consoles .. with the cost of most of there other products and arm and a leg would be possible .. sounds like they went a little too cheap on the specs and have been forced to up there game a little .. I'm leaning toward the ps4 personally. I wonder if by hot he means a space heater? .. lol
    Reply
  • waxdart
    goodguy713 I agree.
    Each loss is really an investment into A) how much they can get out of you later and b) keeping you away from a competitor. Microsoft lost 3 billion, Sony lost 5 billion. Microsoft wins and its deep pockets mean if it plays long enough it will be the only player out there. They are crunching like crazy.

    http://www.neowin.net/news/report-microsofts-xbox-division-has-lost-nearly-3-billion-in-10-years
    Reply
  • Achoo22
    My only interest in buying consoles is to get away from the "always-connected" and "internet aware" software models so common these days. If these new consoles aren't 100% usable (minus multiplayer, of course) without internet access, I will 100% not be buying.
    Reply
  • g00fysmiley
    goodguy713knowing Microsoft I'm sure they are probably crunching numbers and trying to figure out how much money they are willing to subsidize in order to sell these consoles .. with the cost of most of there other products and arm and a leg would be possible .. sounds like they went a little too cheap on the specs and have been forced to up there game a little .. I'm leaning toward the ps4 personally. I wonder if by hot he means a space heater? .. lol
    agreed. i don't plan on buying another m$ console, it annoys me thay i had to buy xbox live to just use netflix on the console. granted i didn't do that and instead built a htpc, i only ever played a few games and have actually enjoed my kinect games as somethign fun to kill an hour or two. but always connected to play and liekly need for xbox live to use services like netyflix is going to make me actually nto buy a console for once
    Reply
  • seinfeld
    goodguy713knowing Microsoft I'm sure they are probably crunching numbers and trying to figure out how much money they are willing to subsidize in order to sell these consoles .. with the cost of most of there other products and arm and a leg would be possible .. sounds like they went a little too cheap on the specs and have been forced to up there game a little .. I'm leaning toward the ps4 personally. I wonder if by hot he means a space heater? .. lol
    I'm going neither! know its all X64 architecture. im just going to wait for emulators that actually work!
    Reply
  • bustapr
    exact translation, "you'll be able to play used games on the next xbox"
    Reply
  • Lord Captivus
    I dont like a "hot" console...
    Reply
  • kawininjazx
    I'm sure the gamestop CEO is happy they won't be able to sell used games anymore.
    Reply
  • Yuka
    Yeah, so hot I won't be touching it at all, hahaha.

    Always online DRM for the games (which they already confirmed) is a mayor stupid blow out to people.

    Guys, please don't give your money to Microsoft this gen; speak with your wallets so that stupid DRM practice stops once and for all!

    Cheers!
    Reply
  • DEY123
    Achoo22My only interest in buying consoles is to get away from the "always-connected" and "internet aware" software models so common these days. If these new consoles aren't 100% usable (minus multiplayer, of course) without internet access, I will 100% not be buying.
    So does that mean if both require always connected like many PC games that you will give up gaming (well you'll just keep using your current console and games for the next X years until it breaks)?

    I'm sure I'm going to get negatives but I always find these ultimatum type reactions funny as they are just attempts to try and influence the system designers to change when I bet you will buy a new system at some point.
    Reply