Atari Calls it Quits on the Atari VCS

What can only be summed up as one of the biggest failures when it comes to gaming consoles, the Atari VCS, is coming to an end, as Atari has decided to pull the plug. The company is said to have cancelled all of its “existing VCS manufacturing contracts”, which means that after its current stock is sold out, it’s unlikely that the company will make any more VCS consoles. The company is offering its current stock at a 20 percent discount, to anyone that would be interested in throwing away their money.

Atari’s revenue from sales of the VCS and its accessories dropped from €2.3 million last year, to an abysmal €0.2 million this year, or a drop in revenue of 92 percent based on Atari’s latest earnings report. This suggests that the company went from selling around a million units to selling around 10,000 units, based on the retail pricing of the VCS. Atari is apparently planning on launching new games based on its intellectual property, as well as getting into NFTs in the future, in addition to potentially licensing its brand to third parties for new hardware products. It would appear that history is repeating itself when it comes to Atari’s success and not in a good way, as the company had a net loss of €5.4 million this year.