Nintendo NES Classic Update: Reason Why Nintendo Stopped Production
The extreme hype over the Nintendo NES Classic Edition console is slowly fading away. Just like any other hot toys, the craze will eventually die out. As always been the case, consumers will always be on the lookout for some new toys or gadgets that they will get hooked on for the next few weeks or months.
The NES Classic have stood out in 2016 as one of the hottest consoles for gamers and non-gamers alike.
Success of the NES Classic
The NES Classic sold almost 200,000 units in only thirty days after its official launch last November 11, 2016, based on the data from research firm NPD Group. That would translate to almost $12 million in sales for Nintendo.
Excluded from these figures are the units that were sold in the black market, which covers opportunists, online resellers, and hoarders.
About the nostalgic console
The NES Classic Mini was re-released by Nintendo last year with the aim of re-establishing the nostalgia market. The retro console is packed with Nintendo's classic games such as "Super Mario Bros.," "The Legend of Zelda," and "Donkey Kong".
Nintendo resurrected the widely popular gaming system with goals of connecting the 80s gaming fans with millennials.
The unexpected high demands for the NES Classic eventually resulted in shortages and scarcity. This has forced many to stand in line for hours outside BestBuy, Walmart, and other retailers and to even fork out hundreds to thousands of dollars, which benefited hoarders and online opportunists.
Did Nintendo do it on purpose?
Because of all the drama that resulted due to the scarcity of the product, a lot of people accused Nintendo of purposely holding back supplies of the NES Classic. Whether Nintendo has ultimately stopped making the NES Classic or still hiding a gazillion units of them in its warehouse, remain unanswered.
Somehow, theorists have claimed that Nintendo benefited from the NES Classic fever by manufacturing scarcity. However, a craze like this is always short-lived and lasts only for a single season.
'Monster Hunter XX' For Switch Announcement Boosts Nintendo Stocks
Capcom official announces that "Monster Hunter XX" is headed for the Nintendo Switch with a cross-play feature.
Nintendo To Boost Switch Production To Meet Customers' Demand
The console giant Nintendo is officially sticking to a shipment target of 10 million units of the Switch over the same period. However, numerous analysts believe the company is intentionally lowballing its goals.
'ARMS' Dev Reveals Nintendo Switch File Size And More
Nintendo announces the "ARMS" Global Testpunch beta schedule and also reveals the game's file size.
Unreal Engine 4 And Nintendo Switch Now Compatible
Epic officially announces that the latest version of Unreal Engine 4 is now fully compatible with the Nintendo Switch
Nintendo To Sell Physical Games Without Cartridges
Nintendo seems to be experimenting in terms of packaging with an upcoming game.
MORE IN ITECHPOST
The Razer Blade Stealth Will Make MacBook Pro Owners Jealous
The Razer Blade Stealth is arguably better than the MacBook Pro and this may just make people suffer from buyer's regret.
'Tokyo Ghoul' Season 3 Delayed By Its Live-Action Movie? Ken Kenaki Returns With Another Identity?
"Tokyo Ghoul" season 3's release is delayed and there are countless speculations as to why it is being pushed back. Reports claim that the show is to give way to "One Punch Man" and "My Hero Acdemia" but new rumors say that it's lack of materials and storyline as well as its live-action movie are causing the delay.
'Grand Theft Auto V' Details June 'Gunrunning' Update For 'GTA Online'
"Grand Theft Auto V" is set to receive the "Gunrunning" update for "GTA Online," says Rockstar Games.
'Steven Universe' Season 5 Two-Hour Opening Special To See Steven Go Into Trial Before The Diamonds
"Steven Universe" Season 5 is about to kick off with its two-hour special opener and its new trailer reveals that the boy wonder is about to face the Diamonds in a trial. Steven and Lars will need to work together to escape from Homeworld, but will Steven Earth friend muster his courage to help him escape?