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Cake day: June 15th, 2023

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  • In 1999, the SEGA Dreamcast was the fastest selling video game console when it launched. In 24 hours, it sold a little over 225k units (which was massive for the tiny gamer population of 1999). This earned it the Guinness World Record for Most Revenue Generated in the Entertainment Industry in 24 Hours.

    Console sales at launch literally don’t matter.

    Also, I wonder how many of those were sold to scalpers that plan on returning them if they cannot sell them?

    EDIT: For reference, the PlayStation 1 sold 300k consoles in Japan only when it launched, but not in 24 hours, that 300k is for the entire launch month of December 1994, per Sony’s own official business data.









  • Nintendo made a very smart business move that is extremely anti-consumer:

    They removed themselves from competing with Sony and Microsoft.

    People don’t think “Should I buy Xbox, Nintendo, or PlayStation?” They think “Should I buy Xbox or PlayStation, in addition to Nintendo?”

    Great business move, because consumers are buying Nintendo up more than before. Extremely bad for consumers because now we are seeing how Sony acts when they have only one real competitor: keeping console exclusives, raising prices, and enforcing PS Accounts for offlline singleplayer games.

    If Microsoft drops Xbox hardware, PlayStation will have zero competition and gain a monopoly on the console hardware market. Then they can raise the prices to be whatever they want. What are you gonna do, buy an Xbox that doesn’t exist?