Microsoft Responds To GameStop Dropping Zune Sales
In response to GameStop dropping sales of the Zune, Microsoft (NSDQ: MSFT) on Friday said its portable media player that competes with the Apple iPod has seen "good momentum online and at retail."
GameStop, which makes nearly all its money selling videogames, told TheStreet.com that it made the decision about a month ago to stop selling the Zune because of weak demand. The company planned to continue selling the device online until it clears out its inventory.
"We have decided to exit the Zune category because it just did not have the appeal we had anticipated," a GameStop spokesperson told the business news site. "It [also] did not fit with our product mix."
