Topic: GameCube Grabs European Market Share

[Robert]

Price cut proves catalyst for five fold growth.

NINTENDO GAMECUBE MARKET SHARE INCREASES FIVE FOLD ACROSS EUROPE

Following the European price reduction of Nintendo GameCube three weeks ago, European retailers have continued to report staggering sales figures. 10 times more consoles were sold in the first week of the new price and sales have continued to grow. In the three weeks since the price drop Nintendo GameCube market share has increased five fold from 5% to 25% putting it in second position in the console market throughout Europe.  

David Gosen, Managing Director of Nintendo Europe said:

"Nintendo GameCube is now selling at the fastest rate since its launch proving that at the right price and with the great software line up available this Christmas, it really is the console of choice for all gamers."

The success of Nintendo GameCube is set to continue with an unrivalled pre- Christmas software line up. Launching on 14th November is Nintendo's fantastic new kart racing game, Mario Kart: Double Dash!! All your favourite Nintendo characters and more are back for some serious kart action. For the first time ever, players will be able to choose two characters to race on each vehicle simultaneously. One takes care of the driving, whilst the other is on weapons detail! Mario Kart fans have never had so much to choose from.

Also launching on 14th November is the exclusive Mario Kart: Double Dash!! Limited Edition Pak, containing a Nintendo GameCube, a copy of Mario Kart: Double Dash!! plus a Special Five Game limited edition 'The Legend of Zelda: Collector's Edition' disc just in time for Christmas.  

F-Zero GX, 1080° Avalanche and Mario Party 5 are just some of the other blockbuster games that Nintendo are releasing in the run up to Christmas 2003. The fantastic line up of over 200 games means gamers everywhere can enjoy hours of fun on their Nintendo GameCube this Christmas.

[Avinash_Tyagi]

Seems like Nintendo's price drop is vaulting it past the Xbox worldwide.  A 20% M.S. increase in three weeks is massive.

[Fammy2000]

Does anyone else think this is too good to be true? I'm thinking a 25% share in sales since the price went down, and not total market share.  To gain that many points of market share in 3 weeks is mind boggling. They'd pass the PS2 in a few more weeks at that rate (not that I am complaining).

[Avinash_Tyagi]

it may be 25% for the month, or depending on the number sold it may be total,  I think europe is the smallest of the three major markets.  Either way any lead the Xbox had is going, going...gone.

[Bloodworth]

I'm fairly sure that market share is referring to the specific period, not total installed base.