Bob: There is little to compare Tickle Me Elmo and Tamagotchi, in my view. The latter was a specific trademarked stuffed doll marketed exclusively by Tyco Toys (now a component of Mattel). The same applies to Cabbage Patch Kids- nationally marketed first by Coleco (who acquired it from a small time producer) during the craze phase, then by Hasbro, and now a Mattel property. Cabbage Patch suffered during its Hasbro history. Meanwhile, Mattel has breathed new life into the product. On the other hand, "Tamagotchi" has apparently come to signify, in a generic sense, any and all pocket sized virtual pets. The major producers are Bandai, Playmates Toys(Nano Pals), and Tiger Electronics(Giga Pets). The latter is reportedly a private company. There seem to be countless knock-offs which the public and press now refer to as "Tamagotchi" (presumably "little egg", in Japanese).
You ask about the company in general. You state, "...from what I gather, this company is losing some major bucks for what they have to offer. Am I correct in this?"
If you might, could you elaborate? Are you saying that Bandai is presently losing money from its current operations including Tamagotchi? If that is the case, you are certainly privy to information we all would like to know about here. |