39,327
edits
The Great Video Game Crash of 1983: Difference between revisions
update links
m (cleanup {{Useful Notes}}) |
(update links) |
||
Line 14:
With its customer base eroded, Atari had racked up nearly half a ''billion'' (and that's '''not''' adjusting for inflation) in losses by the end of 1983. Atari wasn't alone in its troubles, as its competitors were also facing hard times:
* A glut of companies [[Follow the Leader|attempting to follow in Atari's success]] gave consumers too many choices, which meant no one system could succeed in the long term, since very few consumers would buy more than one. These included (but were not limited to) the Bally Astrocade, the [[
* A similar problem occurred with software. Games for these systems were cheap to produce, and since their makers figured [[Shovelware|they'd sell no matter the quality]], [[Sturgeon's Law|poor titles from dozens of hastily-created start-ups flooded the market]].
* As game developers went out of business, retailers were left with unsold product that could not be returned. Hoping to salvage ''something'', stores offered massive discounts just to clear inventory. The market for higher-priced new games shrunk in the face of large amounts of budget-priced crud, especially since...
Line 40:
[[Category:Older Than the NES]]
[[Category:Videogame Culture]]
[[Category:{{PAGENAME}}]]
| |||