GameStop spokesman Matt Hodges told sources:
"We know the desire to purchase a next-generation console would be significantly diminished if new consoles were to prohibit playing pre-owned games, limit portability or not play new physical games."
He also stated that GameStop came to this conclusion based on surveys of their most active customers, the 21 million US members of their PowerUp Rewards loyalty program.
GameStop generated 27 percent of their revenue and around 46 percent of profit from used games during the business year which ended in January 2012. And a report by sources about the used games possibly being 'killed-off' caused GameStop's share prices to drop by 6.8 percent, which is their biggest fall in a month.
Although the used game blocking story was a rumor, if Microsoft does make that move, many consumers who play consoles and would rather spend their money on used games like most people, have said they will be switching consoles.
Microsoft has responded to these rumors by saying "We do not comment on rumors or speculation. We are always thinking about what is next for our platform, but we don't have anything further to share at this time."
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