Atari’s earnings miss in December 1982

Atari’s earnings miss in December 1982

Atari’s biggest year was 1982, when it earned $320 million on $2 billion in sales. But it ended on a very sour note. On December 8, 1982, its parent company, Warner Bros, announced it expected a dramatic slump in fourth quarter per-share earnings largely because of disappointing sales of Atari’s video game cartridges. The news of Atari’s earning miss sent Warner’s stock price reeling, losing $16.75 per share the day after the announcement.

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Playstation audiophile CD player

Playstation audiophile CD player

You may have heard rumors of a Playstation audiophile CD player. That’s a bit of an exaggeration. But early models of the Sony Playstation do happen to be a much-better-than-average CD player. And to some extent, that propped up the value of original Playstations before this 30-year-old console, released in Japan December 3, 1994 and in North America on September 9, 1995, became collectible again.

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Fairchild Channel F: First of its kind

Fairchild Channel F: First of its kind

Fairchild isn’t the first name that comes to mind when it comes to video games. Consumer electronics wasn’t really their thing, and that might explain why they lost interest after only 3 years. But it’s easy to forget just how much of a disruptive force in the technology industry Fairchild was. In this blog post, we’ll explore Fairchild’s brief foray into video game consoles in the 1970s and its lasting influence that we’re still feeling today.

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