Analytics firm predicts Nintendo to sell 130 million Switch by 2022
The Swiss-based firm Credit Suisse, who specialize in stock investment advice and financial analysis, recently predicted that the Nintendo Switch should sell 130 million units by the year 2022. This rescinds their original prediction at the system’s launch of 70 million units over that time due to the fact that they believe the system will now sell more like a handheld instead of a traditional home console, and thus peak later in its life cycle.
“As Nintendo’s Switch is a unique game platform for use as either a console or handheld, there was initially some uncertainty over whether its sales cycle would more closely resemble that of a console or handheld. Although the Switch is currently categorized as more of a console, we expect it to sell like a handheld,” explains Credit Suisse analyst Keiichi Yoneshima. “Many users are in fact using the Switch as a portable according to a Famitsu survey of users. We previously projected a sales peak at about three years after launch (i.e., in FY3/19) on the assumption of a console-like sales cycle. Now that the Switch looks more likely to sell like a handheld, we update our sales forecast to reflect a longer sales cycle. We now expect the Switch to achieve peak sales about five years after launch (i.e., around FY3/20–21) like a typical handheld game device. We also raise our peak-year sales forecast from 25mn to 31mn units.”
Also as part of this prediction, Credit Suisse lifted their analysis of Nintendo’s stock on the Japanese stock market from “neutral” to “outperform”, so if you’re big into Japanese stock, you might want to snatch up some Nintendo shares while you can. Of course, their stock has already risen 56% this year as is, due to the Switch’s successful launch that has seen 4.7 million units already sold.
This prediction, though, is only just that—a prediction—and these numbers are far from set in stone. It should also be said that it would be difficult for Nintendo to hit that 130 million mark if they never make sure there’s enough supply to meet the demand, as there are still issues in people finding the Switch. It’s interesting to see people’s faith in Nintendo returning, however, and this is just another example of that.
Posted:
Related Forum: Gaming Discussion
Source: http://www.egmnow.com/articles/news/analytics-firm-predicts-nintendo-to-sell-130-million-switch-by-2022/
Related Articles
Comments
DecyPosted:
-SilkyDecy-Silky I don't think it'll contuinue to love it's 'hype' by the time it comes 2022 tbh.
Just depends on what games they get tbh.
The games doesn't really play a huge factor as most games consoles get so does this, and vice versa. Especially when some games take up more than 100% of the Switch's original storage space.
But people would pay for the games on there as you don't have to sit down at a desk or a tv and play as its handheld also.
SilkyPosted:
Decy-Silky I don't think it'll contuinue to love it's 'hype' by the time it comes 2022 tbh.
Just depends on what games they get tbh.
The games doesn't really play a huge factor as most games consoles get so does this, and vice versa. Especially when some games take up more than 100% of the Switch's original storage space.
RepBanditPosted:
I can see them selling beyond this. They arent even staying in the stores passed a day.
DecyPosted:
lockon Predicting a large sum of sells for something that isn't all that great is crazy. We'll see.
A lot of people like nintendo for there games so you never know this console will most likely be around for a good while also i guess we will have to wait and see how it does.
sznPosted:
Predicting a large sum of sells for something that isn't all that great is crazy. We'll see.
DecyPosted:
-Silky I don't think it'll contuinue to love it's 'hype' by the time it comes 2022 tbh.
Just depends on what games they get tbh.
CraigPosted:
I can pull random numbers out of hats too...
I bet it will have sold 200 million by 2025
See good huh
I bet it will have sold 200 million by 2025
See good huh
Latest Downloads
- 01. Lost Winds | 100% Savegame(0)
- 02. Mega Man 10 | Savegame(0)
- 03. Mega Man 9 | Savegame(0)
- 04. LASTFIGHT Secret character unlocked(0)
- 05. PC Horizon Forbidden West Complete Save(5)
- 06. Castlevania: The Adventure ReBirth | 100% Savegame(0)
- 07. ExciteBike World Challenge | Savegame(0)
- 08. World of Goo | 100% Savegame(0)
- 09. La Torre de las Sombras | 100% Savegame(0)
- 10. Beat the Beat: Rhythm Paradise | Savegame(0)
- 11. The Legend of Zelda: Skyward Sword | Savegame(2)
- 12. [US] Kingdom New Lands _ Crowned - CUSA10970(4)
- 13. GTA 3 Definition Edition Game Save(6)
- 14. [US] Kingdom New Lands _ Heraldic Achievement CUSA10970(0)
- 15. [US] Kingdom New Lands - CUSA10970(1)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(338)
- 02. Russian Pinocchio Quick Trophy Guide(390)
- 03. Venatrix Quick Trophy & Achievement Guide(331)
- 04. Call of the Sea 100% Platinum Walkthrough(516)
- 05. Wire Lips 100% Platinum Walkthrough(425)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(443)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(364)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(332)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(314)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(351)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(417)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(383)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(300)
- 14. Remoteness 100% All Trophies Walkthrough(346)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(382)
"Analytics firm predicts Nintendo to sell 130 million Switch by 2022" :: Login/Create an Account :: 11 comments