GameStop Sees Greater Demand For Cheaper Xbox One

GameStop says that it has seen an increase in demand for the Xbox One as a result of Microsoft's decision to come out with a version of the device that costs just $399 and doesn't come with a Kinect. During an earnings call earlier this week, GameStop President Tony Bartel noted that demand is greater for the console because of the price drop and that the extra demand can be seen through pre-orders.

The discounted console will reach stores on June 9 at $399 rather than $499 in North America, and pre-orders are already being accepted on Amazon and at stores like GameStop. The increase in demand will surely help Microsoft to boost its next-gen console's market share and that market share increase is important considering the popularity of Sony's PS4.