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PS4 pre-owned games block rumour impacts GameStop shares

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Rumours of a PS4 pre-owned games block have negatively impacted GameStop shares.

Shares for the video game retailer dropped by 5% following the discovery of a Sony patent that could theoretically eliminate the ability to play pre-owned games on future systems.

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© Gamestop.com

A shopper browses through video game in a store

© PA Images / Shizuo Kambayashi/AP



However, despite the patent filing, industry analyst Michael Pachter believes that a move to outlaw pre-owned sales would only damage Sony.

"Sony benefits little from a unilateral decision to block games," Pachter told investors (via Kotaku).

"The company's first party software sales represent less than 10 percent of overall sales on its consoles, and it is unlikely that blocking used games would result in a lift of more than 10 percent in new game sales.

"That means that Sony's sales would rise only marginally if the PS4 blocked used games."

"Sony would be materially hurt if its console blocked used games and competitor consoles from Microsoft and Nintendo did not," he added.

PlayStation logo
Pachter went on to speculate that the technology would instead be provided to individual publishers on an optional basis, though he does not believe any existing companies would be "foolhardy enough to take such a risk".

Sony has previously distanced itself from a pre-owned sales block, saying that it would be "anti-consumer".

The company will reportedly announce their next-generation console at an event prior to this year's E3 Gaming Expo.

It was recently claimed that Sony's next console will feature 4K resolution support in line with a rumoured new range of Sony TVs.

Additional hardware details were leaked earlier this year, while EA's Frank Gibeau revealed that he had seen both the PS4 and new Xbox, and suggested that the consoles would introduce gaming to a further billion people.

Upcoming PS3 games include Puppeteer, Beyond: Two Souls and The Last of Us.

Watch a trailer for The Last of Us below:

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