GameStop CFO: Xbox 260, PlayStation 3 Sales Headed For Drop-Off; Xbox One, PlayStation 4 Might Grow

GameStop Corp. GME declared worse-than-expected Q4 results Thursday. Revenue of the company declined 6 percent year-over-year to $3.48 billion, while profits rose about 13 percent to $2.15 per share.

Robert Lloyd, GameStop CFO, was on CNBC recently to provide an outlook on games and hardware sales the company is expecting for the year.

More Visibility On Gaming Titles

"We look ahead at the next year, and as you can imagine, we have more visibility into what's coming in the next three months, the next six months, than maybe to what's coming later in the year," Llyod said.

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"But, you have ten pole titles that typically hit through the fall, things like 'Madden' and 'FIFA' and 'Call of Duty.'"

He continued, "So, we can count on those coming this year, but between now and then, we look at things like 'Mortal Combat.' There is a 'Batman' title coming in June. There's Rory McIlroyPGA Golf, which is a new issue, which will be coming in June as well."

Hardware Outlook

Llyod was also asked his outlook for gaming hardware this year. He replied, "When we look ahead, we see that the prior generation of hardware, the Xbox 360 and the PlayStation 3 are going to have drop-offs of probably 50 percent or more.

"We see that the next generation of hardware, the Xbox One and the PlayStation 4 will grow slightly, but we see a lot of growth coming in Xbox One and PlayStation 4 software, greater than 50 percent."