Diehard gamers can't say that they didn't see this coming.
Again, no one's surprised.
GameStop President Tony Bartel told gaming news site Gamasutra back in April that he was working with the retailer's software partners and tablet manufacturers to see if they can crank out a Bluetooth-friendly device that hardcore gamers can get excite about.
"If we can't find one that's great for gaming, then we will create our own," he said at the time.
The small-box video game retailer began accepting Apple
Well, the extreme chatter has yet to materialize. GameStop is thankfully not rolling out its own branded tablet in a market where everything outside of the iPad has failed. Why reinvent the flat tire? The iPad is also absent from GameStop's soft launch.
GameStop is actually taking a smart approach here. It's offering some of the existing Google
Sure, it's a tiny sliver of the market that isn't going for the iPad. Amazon.com's
Naturally this isn't where GameStop would like to be. Despite its recent digital gaming acquisitions, GameStop stands to lose plenty if gamers take to tablets over smaller handheld gaming devices. Tablets mean digital delivery of free or nearly free games, closing GameStop out of the sale and resale that make its model purr. However, GameStop may as well address the shifting marketplace to make sure that it remains relevant. The staggering 9.1% decline in comparable-store sales in its most recent quarter is too loud to ignore. Too many other companies have let pride lead to their obsolescence. GameStop doesn't want to be next.
Add GameStop to My Watchlist to see how this move plays out.
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Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.