File this under the things you really didn't want to know category, right between the "yes, your parents had sex to make you" and "McDonalds cheeseburgers are half tofu, half insect protein" files. Next Generation has documented that GameStop makes loads of money by selling you used games. Shocking, we know.
While GameStop sells more dollars in new software than used, their gross profits on resales are indisputably the $US 650 million lifeline of their business. Then again, all those consoles GameStop sells—that's basically charity work. Here's another graph showing you the breakdown even better:
You see, even though GameStop sells roughly a billion dollars in consoles a year, they're not even making a tenth of that money up (directly) in profits, pulling in less than US 10-cents on the dollar for the hassle. For new games that number jumps to US 20-cents. But then, through some creative accounting in their buying back and reselling, GameStop makes an industry-dwarfing US 50-cents of every dollar from resold games.
As they say in France, that's curraazzzeeee.
But as they say at the Gap (or any other clothing retail store), it's not that crazy.
By the Numbers: Used Games Revisited [NextGeneration]