GameStop Corp. net income rises 12% has word that profits were up for the third quarter at GameStop, in spite of a global recession, the widely reported decline in gaming, and the even more widely reported shift to digital distribution. Word is: "third-quarter net income rose 12% to $52.2 million, or 31 cents a share, from $46.7 million, or 28 cents a share in the year-ago period. Sales at the Grapevine, Texas video game retailer rose 8% to $1.83 billion."