DID YOU KNOW? - NINTENDO CONTINUES TO DRIVE INDUSTRY GROWTH
March 16, 2004
What's driving the video game industry? Three words: games, games and games!
And who's driving the growth in the games market? Nintendo!
According to the independent sales data just released by the NPD Group, in February:
* Two new exclusive Nintendo titles captured the No. 1 and No. 3 spots on the best-seller list. Final Fantasy®: Crystal Chronicles™, made exclusively for Nintendo GameCube™, was the month's top-selling game, followed closely in the No. 3 spot by Metroid®: Zero Mission, exclusively for Game Boy® Advance (the No. 2 title, Electronic Arts' NFL Street, is also available on Nintendo GameCube).
* The top platform for game growth is Nintendo GameCube, with total game sales up 46 percent over the same period last year.
* When games for Game Boy Advance are included, Nintendo added two software market share points from the competitors from January.
* On the hardware side, U.S. lifetime sales for Nintendo GameCube have now surpassed 7 million systems, while Game Boy Advance has flown past the 20 million unit mark.
* Nintendo is also working overtime to meet the overwhelming demand for its highly sought Nintendo GameCube. By February, nearly half of all U.S. retail locations were out of stock…and Nintendo's North American warehouse was empty. Since cutting the suggested retail price of Nintendo GameCube to $99.99 in September 2003, unit sales between October and February are up over 50 percent from the same period a year ago.
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One could say this experiment worked.
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This situation seems mostly due to poor production capabilities, not overwhelming demand.
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I don't think Cube demand has ever been what I would consider "huge".
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The orginal game that spawned the Mana series of games was Final Fantasy Adventure for the Gameboy.
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Isn't it ironic, though? Nintendo gets slammed for not selling enough units then get slammed when they sell too many.
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Originally posted by: mouse_clicker
Are you sure? I could have sworn Final Fantasy Adventure was in fact a Secret of Mana game that got a name change when it was released in America.
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But whether or not the demand for GameCube is actually "huge" is impossible to tell, since Nintendo isn't producing enough units!