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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by The_Jazz
It's one of the first stand-up video games and the one that the Atari was initially created around. It's boring, but Pong basically created the whole arcade industry. And that, my friend, is what the fuck is so special about Pong. Without it, you'd have never had the chance to pump quarters into something other than the horsie at the grocery store.
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Not only the whole arcade industry but the whole home console market, there isn't any real arcade industry to speak of anymore.
Quote:
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Pong was the invention of Nolan Bushnell, a young engineer who introduced video table tennis to arcades in 1972. Simple and addictive, Pong launched the craze for home video games. Introduced by Atari in 1974--long before anyone had seen a personal computer—Pong was an adaptation of the company’s popular arcade game of the same name, and it became the most popular game of the 1975 holiday season, with sales of $40,000,000 for the year.
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Quote:
In 2005, $40,000,000.00 from 1974 is worth:
$158,362,051.49 using the Consumer Price Index
$129,847,394.18 using the GDP deflator
$182,946,683.75 using the value of consumer bundle
$156,866,736.62 using the unskilled wage
$239,397,099.08 using the nominal GDP per capita
$332,154,666.67 using the relative share of GDP
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But that's not the most amazing thing... since U.S. Video Game Industry Totals $12.5 Billion in 2006.
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