The industry has a good chance to rebound this year

Apr 2, 2013 21:15 GMT  ·  By

Gamestop, the specialist video game retail chain, believes that the gaming industry as a whole and its own business will have a revival in the final half of the current year, with the launch of the PlayStation 4 home console from Sony and the release of Grand Theft Auto V and Battlefield 4 driving sales.

A transcript of an investor talk from SeekingAlpha shows Robert A. Lloyd, the chief financial officer, saying that, “With Grand Theft Auto 5 and Battlefield 4 releasing in the third quarter, and the PlayStation 4 launching in the fourth quarter, we expect a return to growth for the back half of the year.”

GTA V will be delivered by Rockstar and Take Two on September 17 of this year, on the PS3 and the Xbox 360.

Battlefield 4 is also expected before Christmas, with rumors mentioning late October as a possible launch window.