This Day in History: Nintendo's Dominance Wanes

On this day in 1993, the New York Times published a damning article predicting the end of Nintendo's game industry dominance.

Speaking to a number of industry analysts, the Times reported that "the game may finally be over" for the giant that had single-handedly revived the American videogame industry.

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Picnic3161d ago

'Salomon Brothers analyst Kaori Hasegawa went as far as to bank on Sega, saying that Nintendo was "lost."

"Although Nintendo is still a growth company, it will not be a leader in the next generation of games," she said.'

That prediction/guess was half right and half wrong. 1994 was the year that the great Donkey Kong Country was released. The N64 doesn't feel like the console of a lost company when it created so many new series and large games. The fact that it used cartridges will have eliminated piracy and whilst its graphics could be blocky and jerky (perhaps because CDs weren't used?) Rare created enough great games on it to make it a worthwhile purchase.

Sega didn't come back until 5 years later with the Dreamcast and whilst that remains one of the most popular 'cult' console favourites, with some innovative games, it lost money.