licensing program with six retail companies Started selling Nintendo systems in New York 1988- Sales reached 7 million; licensed to 31 American software companies 1990- Nintendo had 90% of market share worldwide 1991- Increased to 100 licensees; rescinded its exclusivity requirements 1992- Nintendo had 40% market share (Sega with 60%) Left alliance they had with Sony 1996- Launched Nintendo 64 in Japan and US (had 3D capabilities) Nintendo had 41% market share (Playstation with 49%) 2001- Gamecube
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The Home Video Game Industry: Atari Pong to the Nintendo Wii; Rotting youthful minds since 1974 Many people of today remember how video games began the decay of the physical and mental well-being of the world’s youth since the inception of the Atari game Pong in 1974. What Atari creator Nolan Bushnell did not realize back then was that when he invented this wildly successful creation it would leave such a large imprint on society; physically‚ mentally and emotionally. Many youths of today are
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Environment Macro environment is said to be the most general layer of the environment. This consists of broad environmental factors that have an impact on the organization. The PESTEL framework helps us to identify the future trends which might impinge on Nintendo and therefore identify the key drivers of change. On the other hand the five forces framework helps to understand how the competitive dynamics within and around the video game industry are changing. PESTEL Framework: This categorizes environmental
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HKU982 ALI FARHOOMAND NINTENDO: DISRUPTOR BEING DISRUPTED In February 2011‚ Nintendo released the next evolution of the DS line of handheld gaming devices in Japan: the Nintendo 3DS. It was an auto-stereoscopic device that allowed users to view three-dimensional (“3D”) images without wearing 3D glasses. Despite initial rave reviews of the new device‚ sales figures were much lower than expected. In July 2011‚ Nintendo announced that it would reduce the price of 3DS by 30%1 to boost sales
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Brand Audit and Fingerprint of Nintendo Ltd Contents Page Number 1.0 Corporate Brand Audit 2 1.1 Brand Description 2 1.2 Brand Strength 4 1.3 Brand Future 6 2.0 Brand Fingerprint (Lead product - Nintendo Wii) 7 2.1 Target 7 2.2 Insight 7 2.3 Competition 7 2.4 Benefits 7 2.5 Proposition 8 2.6 Values 8 2.7 Reasons to Believe 8 2.8 Essence 9 2
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Nintendo 64 Awesomeness Apart from being so old that it’s primarily just a source of nostalgia these days‚ the Nintendo 64 is still amazing. It was really revolutionary in its time‚ and still influences games to this day. The Nintendo 64 was actually originally intended to be called the Ultra 64. Due to the fact that Nintendo wanted to keep the line of game systems titles continuous from the Nintendo Entertainment System‚ and then the ‘Super’ Nintendo Entertainment System‚ Ultra would have been
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Nintendo Case Study 1. Imagine that you are charged with designing a successor to the Wii. Briefly describe the new-product strategy you might use. The Nintendo is having a lot of growth‚ since it has already proved by selling more consoles compared to its competitors Sony and Microsoft. The Wii is now targeting its customers not only the teenagers‚ but also the entire family community. As a design successor for Nintendo Wii‚ it would be better to design a product that suits the entire family
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Total software revenue has declined only 6.7% this year. This is because consumers are buying slightly more expensive games. During January to May in 2009‚ the revenue of Wii increased 10%. Meanwhile the PS3 has increased only 8%. The change in the first 5 months of 2010‚ PS3 has taken up every bit of market share ceded by Wii. The article has used following economic concepts: 1) Demand and Supply 2) Substitutes 3) Price Elasticity 4) Market Structure Definition Demand and Supply (1)The
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consulting with my partner we both agreed to invest in a company that we have regularly purchased from for years. The company we decided on was Nintendo. Nintendo is a company known for gaming systems‚ such as the Wii and Nintendo DS. When choosing this stock I considered my history with the company and upon reflection I realized my first personal purchase of Nintendo occurred in kindergarten and I have regularly continued to purchase from this company ever since. I also took into account the
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