5.NINTENDO ENTERTAINMENT SYSTEM(NES) 1983
The Nintendo Entertainment System (also abbreviated as NES) is an 8-bit home video game console that was developed and manufactured by Nintendo. It was initially released in Japan as the Family Computer Hepburn: Famirī Konpyūta?) (also known by the portmanteau abbreviation Famicom and abbreviated as FC) on July 15, 1983, and was later released in North America during 1985, in Europe during 1986, and Australia in 1987. In South Korea, it was known as the Hyundai Comboy and was distributed by SK Hynix which then was known as Hyundai Electronics. It was succeeded by the Super Famicom/Super Nintendo Entertainment System.
The best-selling gaming console of its time, the NES helped revitalize the US video game industry following the video game crash of 1983. With the NES, Nintendo introduced a now-standard business model of licensing third-party developers, authorizing them to produce and distribute titles for Nintendo’s platform.
In 2009, the Nintendo Entertainment System was named the single greatest video game console in history by IGN, in a list of 25. It is the second greatest console behind only the Sega Dreamcast in PC Magazine ’s “Top 10 Video Game Consoles of all Time”.
By 1988 industry observers stated that the NES’s popularity had grown so quickly that the market for Nintendo cartridges was larger than that for all home computer software. Compute! reported in 1989 that Nintendo had sold seven million NES systems in 1988, almost as many as the number of Commodore 64s sold in its first five years. “Computer game makers are scared stiff”, the magazine said, stating that Nintendo’s popularity caused most to have poor sales during the previous Christmas and resulting in serious financial problems for some. By 1990 30% of American households owned the NES, compared to 23% for all personal computers.