In 1983 Nintendo was worth about $30 million USD. By 1989 they were worth a little over $120 million. By 1995 they had skyrocketed to over $5 billion.The insane pace of this growth is absurd. What do you think contributed the most? Personally I think it was the GameBoy. Also, what do you think made other companies such as Sega or NEC couldn't even come close to those numbers? I'm not so sure on this one myself, maybe lack of innovation or aggression.
mariners mentioned
>>12529386i don't understand what you're missing. >after 80s crash nobody wants home video games >be a company that sells cards or something. company value is the time discounted expected sum of all future profit >make Mario which is so fun it makes every kid in the world want home video games>every kid in the world buys mario and will obviously buy mario 2 mario handheld etc. company value is the time discounted expected sum of all future profit >some other companies try to piggy back/copy with games that aren't nearly anywhere as good, or even if they are, kids don't really think they're as fun enough to buy them and aren't largely expected to buy their sequels. those companies value is the time discounted expected sum of all future profit
>>12529386You're right it's due to handhelds. Portable gaming has always been super popular. PSP and DS sold more than many consoles in the 2000s. When mobile crap came around that made gaming mainstream to all demographics. And now Nintendo started a new era of handhelds in the gaming industry due to the Switch, which recently became the best selling console of all time.>Also, what do you think made other companies such as Sega or NEC couldn't even come close to those numbersIt's cause Nintendo has always been very conservative about their finances, they can literally lose money for decades on end and still have plenty of wealth.
