Nintendo May Be a Big Winner from GameStop’s Meteoric Stock Rise?

Nintendo Core Subscriber News: 1/30/2020
Nintendo May Be a Big Winner from GameStop’s Meteoric Rise?

Nintendo Core | Exclusive

It’s no secret that Reddit has essentially made dozens of paper stock millionaires in the last few days thanks to GameStop’s stock jumping 80x since 2020’s low. What people may be overlooking is the fact that Nintendo might be in line to reap some of the benefits from the attention drawn to GameStop.

While many game-makers are moving away from traditional B&M sales, focusing more on online and platform products, Nintendo still has a solid hold in franchise retailers. The company has sold nearly 800 million gaming consoles throughout its history and it will likely continue churning away towards the 1 billion mark.

In the 37 years since Nintendo has been producing home video game consoles, they have sold just north of 790,000,000 units. This takes into account everything from the NES and Famicom, all the way through today’s Switch, and everything in between (even the Virtual Boy).

By the end of the 2020 holiday season, Nintendo will most likely have broken the 800 million mark. For what many people consider to be the “original” video game console manufacturer, this is a major milestone.

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A few interesting tidbits to note regarding Nintendo’s video game console dominance:

  • The most popular Nintendo console is the DS which sold just over 154 million units, making it the second most popular console of all time (just behind the PS2’s 155 million units).

  • The least popular Nintendo console is the aforementioned Virtual Boy, selling 770,000 units.

  • The NES was produced from 1983 through 2003. For reference, the N64 was only produced from 1996 through 2002.

  • Nintendo has sold approximately 4 consoles per second since 1983

  • The flagship merchandise seller Pokemon has sold billions of various merchandise over the last 25 years. You can get your own pokemon merch of Snorlax, Evee and Pikachu

An upcoming Nintendo Switch 2, if it proved popular enough, could propel Nintendo into the best position to be the first console manufacturer to surpass the 1 billion mark with a strong 9th generation showing.

Game developers are reportedly being instructed to make new Switch games compatible with 4K, leading to speculation that the Switch 2 will be in stores by the Spring of 2021.

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