GameStop: PS3 Out Of Stock 80 Percent Of The Time
Just how bad is the PS3 shortage?
According to GameStop’s Chief Operating Officer Paul RainesÂ ,PlayStation 3s have been out of stock aÂ whopping 80% of the time during the company’s February-April quarter.
Even though PS3 sales are up 32% Â year-over-year the supply shortages Sony is facing with the system continue to hinder hardware sales.
On the bright side of thingsÂ GameStop reported aÂ 5.1% sales increaseÂ duringÂ its first fiscal quarter with new software sales increasing to 13.3% thanks to bigÂ gameÂ releasesÂ of Battlefield: Bad Company 2, God of War III, Final Fantasy XIII and others.