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Nintendo Leads Video Game Industry to Record Year; Pokemon, Game Boy Color, Donkey Kong 64 Make Nintendo #1.


Business Editors

REDMOND Redmond, city (1990 pop. 35,800), King co., W Wash., a suburb of Seattle, on Lake Sammamish; inc. 1912. Its economy centers around computer software (Microsoft Corp. , Wash.--(BUSINESS WIRE)--Jan 13, 2000

The dedicated video game industry grew by more than $700 million in 1999 to total retail revenues nearing $7 billion, with virtually all of the increase attributed to products for Nintendo of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name.  Inc.'s portable Game Boy(R) Color system, including the Pokemon(TM) line of game software. Counting all retail revenues for all game products, Nintendo's industry leadership represents 47 percent of all industry retail sales (Note A).

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 independent sales data from the NPD Group The NPD Group, Inc. is a leading global market research company[1] founded in 1967 and provides consumer and retail information to manufacturers and retailers. Using actual sales data from retailers and distributors as well as consumer-reported purchasing behavior, NPD , the popularity of Game Boy products boosted the portable segment of the industry from just 8 percent of all sales in 1998, to 19 percent last year. Across all categories in 1999, Nintendo claimed the industry's top six games for a total of seven of the top 10 best selling games, encompassing five Pokemon titles and the Christmas season best-seller, the Nintendo(R) 64 blockbuster block·bust·er  
n.
1. Something, such as a film or book, that sustains widespread popularity and achieves enormous sales.

2. A high-explosive bomb used for demolition purposes.

3.
, Donkey Kong Donkey Kong may refer to:
  • Donkey Kong (video game), the original arcade game
  • Donkey Kong (character), the title character
(R) 64, which sold more than 2 million units.

       TOP 10 BEST SELLING 1999 INTERACTIVE ENTERTAINMENT TITLES

Ranked on Units Sold

    RANK          PLATFORM/TITLE               PUBLISHER

     1            GBOY POKEMON BLUE            NINTENDO OF AMERICA
     2            GBOY POKEMON RED             NINTENDO OF AMERICA
     3            GBOY POKEMON YELLOW          NINTENDO OF AMERICA
     4            N64 DONKEY KONG 64           NINTENDO OF AMERICA
     5            GBC POKEMON PINBALL          NINTENDO OF AMERICA
     6            N64 POKEMON SNAP             NINTENDO OF AMERICA
     7            PSX GRAN TURISMO             SONY COMPUTER ENT.
     8            N64 SUPER SMASH BROTHERS     NINTENDO OF AMERICA
     9            PSX DRIVER                   GT INTERACTIVE
    10            PSX SPYRO THE DRAGON         SONY COMPUTER ENT.


"While many industry observers focus on more powerful technology, it's clear that the game players still care most about great game entertainment," says Peter Main, executive vice president for sales and marketing, Nintendo of America. "Even with essentially the same processor it's used for 10 years, we sold twice as many Game Boy hardware units in 1999 as any other year in history. Game Boy hardware sales were up 142 percent over 1998, and Game Boy game sales jumped 153 percent."

The Pokemon phenomenon promises to grow still further in 2000, with the debut of Pokemon Stadium(TM) for the Nintendo 64 in March, the premiere of the second Pokemon feature film in summer, and the introduction of an entirely new group of Pokemon characters when Pokemon Gold and Silver editions arrive in the U.S. in fall. In Japan, the Gold and Silver games launched in November 1999, and sold nearly 2 million copies in just one day.

Nintendo Co., Ltd., of Kyoto, Japan, is the acknowledged worldwide leader in the creation of interactive entertainment. To date, Nintendo has sold more than one billion video games See video game console.  worldwide, has created such industry icons as Mario(TM) and Donkey Kong and launched franchises like The Legend of Zelda(R) and Pokemon. Nintendo manufactures and markets hardware and software for its popular home video game systems, including the Nintendo 64 and Game Boy -- the world's best selling video game system. As a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Nintendo of America Inc., based in Redmond, Washington Redmond is a city in King County, Washington, USA. It is situated on the eastern edge of the Seattle urban area, in what is known as the Eastside. In 2003 the Census Bureau estimated the city population was 46,391. , serves as headquarters for Nintendo's operations in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .

For more information about Nintendo products, visit the company's website at www.nintendo.com.

Note A:

TRSTS independent sales data, NPD Group, 1999
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9JAPA
Date:Jan 13, 2000
Words:534
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