GameStop announced that it doesn't expect an insanely strong fourth quarter due to competition, which resulted in a 10% drop in its stock price. Don't get any sneaky ideas all you GameStop haters -- just because the group won't be making as much money as expected
, doesn't mean it still won't be making tons of it during the holiday season.
continues its expansion
and still sees great profits every quarter
. In Q3, net income reached $52 million from Halo 3
and Guitar Hero II
, up from the $13.6 million a year prior. The video game pawn shop will continue to make money, have no fear of that.