"We are designing Xbox One to enable customers to trade in and resell games. We’ll have...

"We are designing Xbox One to enable customers to trade in and resell games. We’ll have more details to share later," says Microsoft (MSFT). GameStop (GME), whose shares were drubbed on concerns the One's requirement to install games on its 500GB hard drive (and tie them to an Xbox Live account) would eliminate used game sales, must be pleased. Microsoft also refutes rumors its next-gen console will need a Web connection to work, though developers using Azure cloud services can insist on it. Xbox 360 games won't be supported, and (unlike Sony with the PS4) there are no plans for a streaming service that can offer older titles. (earlier)
From other sites
Comments (1)
  • 6322651
    , contributor
    Comments (13) | Send Message
    The matter had been concerned long ago by many games experts. I had learn about it and expressed in command on Mr. Lutz Muller's article on May 8, 2013, in which I wrote : "Microsoft (NASDAQ: MSFT) has not yet disclosed specs for its Xbox 360, but most likely that it will emphasize digital downloads, potentially bypassing physical retailing. GME's business may seem all right now, but it will be bad as store traffic starts to thin out. GME stock is probably going lower." There were too many people were influenced by the company's promo, disregard the reality, and speculate the GME stock. It is never too late to take a right action.
    22 May 2013, 12:32 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs