Atari Vcs Production Is Halted As Company Attempts To Reorganize Its Hardware Business
In Atari’s half-year earnings report for 2022/23, the company reported a $4.65 million revenue number, which is a 27% decrease compared to 2021/22’s half-year report If that wasn’t already telling enough, hardware sales fell off a sheer cliff, with a 92% year-over-year drop-off, landing at $212,466 (which used to be $2.44 million). In an attempt to counteract these staggering losses, Atari began reorganizing its hardware business. Part of this reorganization involves the suspension of direct hardware manufacturing relationships when it comes to the VCS....