How much money did Atari lose in 1983?

Atari was one of those companies most affected by the crash. As a company, its revenues dropped significantly due to dramatically lower sales and cost of returned stock. By mid-1983, the company had lost US$356 million and was forced to lay off 3,000 of its 10,000 worker staff.

How much did an Atari cost in 1982?

By 1982, the 2600 cost Atari about $40 to make and was sold for an average of $125 (equivalent to $350 in 2021).

What caused the game industry to collapse in 1983?

Key Points. During the video game crash, video game sales dropped 97% from $3.2 billion in 1982 to $100 million by 1985. The crash took place, in part, due to the oversaturation of the market. The industry recovered from the crash, mostly thanks to Nintendo.

What was the downfall of Atari?

Atari's initial failure was due to market saturation, poor release sales, and lack of oversight with third-party developers.

How much did Atari cost in 1977?

The Atari VCS was launched in September 1977 at $199 (equivalent to about $890 in 2021), with two joysticks and a Combat cartridge; eight additional games were sold separately.

The Video Game Crash of 1983 - Gaming Historian

How much was an Atari 800 in 1983?

In May 1981, the Atari 800's price was $1,050 (equivalent to $3,100 in 2021), but by mid-1983, because of price wars in the industry, it was $165 (equivalent to $450 in 2021) and the 400 was under $150 (equivalent to $410 in 2021).

How much did Atari cost in 1972?

The result was the Atari Video Computer System, or VCS (later renamed 2600 when the 5200 was released). The introductory price of $199 (equivalent to $948 in 2021) included a console, two joysticks, a pair of paddles, and the Combat game cartridge.

What was the biggest Atari game flop?

According to Ray Kassar, about 3.5 million of the 4 million produced were sent back to the company as unsold inventory or customer returns. Despite sales figures, the quantity of unsold merchandise, coupled with the expensive film license and the large number of returns, made E.T. a major financial failure for Atari.

What is the rarest Atari games?

Who bought Atari in 1976?

In 1977, it introduced the Atari Video Computer System (VCS) and sold millions of game cartridges over 15 years. Warner Communications bought Atari in 1976.

Who saved the gaming industry?

Though it had been popular in arcades, even home screens, for years, it became an icon only when it came bundled with Nintendo's Game Boy in 1989. That's when Nintendo was riding high after having singlehandedly revived the video game industry back in 1985.

Which company was the biggest winner after the 1980s video game recession that bankrupted many companies?

Following the crash, Nintendo became the market leader in America with the Nintendo Entertainment System (top), with Japanese companies dominating the market for years to come.

What was the 1st Atari game?

Atari began its operations by developing and producing some of the first arcade video games; the first commercial arcade video game, Computer Space, was released in November 1971 by Atari founders Nolan Bushnell and Ted Dabney in partnership as Syzygy Engineering.

What rare Atari game was found at Goodwill?

Goodwill confirmed to Fox News that a copy of the game "Air Raid" was discovered by one of their employees, Alex Juarez, who was savvy enough to notice the extraordinary find. After being listed for one week, the game was auctioned off for a whopping $10,590.79. Only 13 copies of the game reportedly exist.

What was Atari's most famous console?

With sales of more than 30 million over a span of three decades, the Atari 2600 became one of the most popular gaming systems in history.

What was the last official Atari game?

The final licensed Atari 2600 games released in North America were Ikari Warriors, MotoRodeo, Sentinel, and Xenophobe in early 1991, and the final licensed games released in Europe were Klax and Acid Drop in 1990 and 1992 respectively.

What was the best selling Atari game ever?

The best-selling video game of all-time on the Atari 2600 console (previously known as the Atari VCS) is Pac-Man, a port of the arcade game of the same name programmed by Tod Frye.

What is the biggest game collection ever?

DALLAS (KDAF) — To call Antonio Romero Monteiro a video game enthusiast is an understatement. Guinness World Records has given him the record for having the largest videogame collection in the world with more than 24,000 games in his collection.

What is the biggest console game of all time?

The highest-grossing video game of all time is Dungeon Fighter Online, which has grossed $20 billion worldwide (mostly in Asia) as of 2022.

How much did an Atari 2600 cost in 1981?

Just like all technology, the Atari 2600 got cheaper over time. In 1981 the Atari cost about $130.

What were the top 4 best selling games for the Atari?

Is Atari a collectible?

Atari games

It sold millions of units over the years, and you probably had one if you were growing up at the time. The game console isn't a rare item that fetches tons of money – unless of course, it's still factory-sealed. And certain copies of games can bring in thousands of dollars.