Switch Can Break The Traditional Hardware Cycle And Become Nintendo's iPhone, Says Analyst

"They can continuously have an install base of 100 million consoles".

The Nintendo Switch is selling amazingly well – so well, in fact, that Nintendo is struggling to keep pace with demand after more than three years from launch. Switch sales up are up 95% in the first half of the current financial year, and that has seen Nintendo's share value rise 30% in 2020 alone.

Much of the current confidence in Nintendo stock is down to the Switch's astonishing success, but in the eyes of more cautious investors, the firm is now at something of a crossroads; the Switch isn't going to be around forever, and the circular nature of the video game hardware arena means there's the risk that the Kyoto-based veteran could fumble its next machine, just as it did with the Wii U, which followed-on from the insanely popular Wii.

Read the full article on nintendolife.com

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https://ift.tt/eA8V8J October 06, 2020 at 02:30PM https://ift.tt/31Ef2TL