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Nintendo revives ’80s-era console
Bloomberg News
Jul. 14, 2016 5:35 pm
Nintendo Co., flush from the success of its new Pokemon Go mobile game, will soon be releasing a smaller version of its original Nintendo Entertainment System, hoping to draw nostalgic gamers back to the worlds of Donkey Kong and Pac-Man while introducing younger generations to old favorites.
The NES Classic Edition is a mini replica of the company's first console, which was released in the United States in 1985 and became an instant hit. The original device revived in-home gaming and housed some of Nintendo's most iconic titles including Super Mario Bros. and The Legend of Zelda. Just as Pokemon Go brought together players who were familiar with the role-playing game on Nintendo's Game Boy device from 1996 with a new generation of kids, the NES also seeks to capitalize on nostalgia.
'We wanted to give fans of all ages the opportunity to revisit Nintendo's original system and rediscover why they fell in love with Nintendo in the first place,” said Reggie Fils-Aime, Nintendo of America president and chief operating officer, in a statement.
The palm-sized grey box connects directly to the TV via a HDMI cable and comes with 30 classic games built in. The device will be introduced in stores Nov. 11 at a suggested retail price of $59.99, according to Nintendo.
The company may be on to something with its Back to the Future strategy. A limited release of Pokemon Go shot Nintendo stock to an all-time high this week, rising 25 percent in Japan Monday and bringing gains this year to 51 percent. The app takes the well-known world of Pokemon and incorporates augmented reality, sending users to catch Pokemon in their own backyards and beyond. The game already has people spending more time on it than they devote to Snapchat or WhatsApp, and is poised to overtake Twitter in the number of daily active users, according to data from SimilarWeb.
A man walks past a figure depicting 'Mario', a character in Nintendo's 'Mario Bros.' video games, at the company showroom in Tokyo, Japan July 14, 2016. REUTERS/Issei Kato - RTSHU4M

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