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Gamestop posts annual earnings, $9.08 billion of them

March 19, 2010

Our favorite game retailer GameStop, announced yesterday that it has gained $9.08 billion in annual earnings. According to Gamespot, the company also saw a 5 percent profit fall, however the company’s CEO Daniel DeMatteo remained hopeful.

“GameStop delivered its second highest earnings year ever in fiscal 2009, in spite of the weak worldwide economic environment,” he said in a statement. “We saw global market share growth as new software sales increased 1.2 percent.” DeMatteo told Gamespot.

Gamestop has a pretty exciting year to look ahead to, with tons of game releases and droves of people trading in their games for them. No wonder rumors are circulating that they might be snatched up by a private equity firm.

[Thanks Gamespot]

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