Nintendo Mini NES Classic Update: Stocks Sold Out Immediately; Estimates Off By a Large Margin?

Nintendo released the Mini NES Classic edition and it was grabbed by consumers as soon as these were on the shelves. The classic console started selling on November 11 and was out of stock before the day was out. Nintendo is now promising to produce more units before the holidays.

The Nintendo Entertainment System: NES Classic Edition system is a hot item, and we are working hard to keep up with consumer demand. 1/3

— Nintendo of America (@NintendoAmerica) November 11, 2016

There will be a steady flow of additional systems through the holiday shopping season and into the new year. 2/3 — Nintendo of America (@NintendoAmerica) November 11, 2016

The Mini NES Classic is a throwback and homage to the original NES Classic by Nintendo. The Nintendo Entertainment System was first introduced to the market in 1983. The release was considered a turning point and a milestone in the history of computer games.

Originally called the Nintendo Family Computer (Famicom), it sold 2.5 million units in its first year in Japan alone. It was released in the United States in 1985 under the name Nintendo Entertainment System. One of the reasons for the success of the original NES was the titles which included "Super Mario Bros.", "Legend of Zelda," "Metroid," and "Final Fantasy." These classic titles have endured and their latest iterations are still being played by gamers worldwide.

Forbes.com reported that Amazon stocks of Nintendo Mini NES Classic also sold out even faster than those sold in brick-and-mortar shops. The online store announced that they were selling the Mini NES Classic at 2:00 PM, and these were gone almost as soon as they started taking orders.

The retailer supplies may have been limited by design, or in the worst case Nintendo estimates were off by a large margin. Nintendo has been noted to make this kind of mistake before. Some analysts would say that this may have been intentional. With a limited supply on store shelves, there would be a bigger clamor for the game console. Creating this type of hype, however, can backfire.

Nintendo has released a statement that there will be enough Mini NES Classic in stores in December. The Nintendo Mini NES classic is available at only $59.99, and this is one of the reasons why it's quite literally selling like hotcakes, reports said.