GameStop CEO: ‘Sony and Microsoft could have cut us off a long time ago’

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Today, GameStop announced that it is selling refurbished
iPhones, iPads and iPod touch media players at over 1,000 brick and
mortar stores. Actually, GameStop CEO J. Paul Raines tells me that there
are technically 1,175 stores with iOS devices, as of our interview
yesterday morning.

It seems like a strange business for a video game
retailer to be in, but to Raines, it makes perfect sense: he’s got a
200,000 square foot facility in Grapevine, Texas employing 1,700 people
to refurbish Xbox, PlayStation, and Nintendo consoles. Why not add a few
phones and tablets to the mix?

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