Nintendo NX to be unveiled as early as March, says analyst

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Nintendo’s upcoming platform, codenamed the NX, could be officially announced between March and May, according to a Japanese analyst.

A report from Japanese firm Nomura Securities was published recently and revealed some insight into what could be some of Nintendo’s plans for the initial and final reveals of its upcoming console, the NX.

The report (via Barron’s Asia starts by saying sales of the NX will heavily impact sales of both the Wii U and 3DS. This is a change from a previous report, also by the same firm, which suggested it would only have a minimal impact.

Nomura expects Nintendo to show at least a “concept” of the new device between March and May, with a full reveal in June. Further, Nomura echoed previous reports in saying he expects the NX to be on sale this holiday season, launching in October or November

“We think the NX will start to boost operating profits in 18/3, when it will have been on the market for a full year and will have a line-up of software titles, which carry high operating margins,” said Junko Yamamura.

“We still expect the NX to launch in 17/3. We have lowered our estimates for current consoles to reflect the present situation, fiercer competition, and what has happened in the past when new hardware is announced.”

As a result of this new report, Nintendo’s stock dropped 5% in Tokyo’s stock exchange.

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Source: http://www.vg247.com/2016/01/06/nintendo-nx-to-be-unveiled-as-early-as-march-says-analyst/

Comments

"Nintendo NX to be unveiled as early as March, says analyst" :: Login/Create an Account :: 12 comments

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BahrozPosted:

Honestly I wanna see this Console already! might get it just for Mario!!

StrokesPosted:

Very good! looking forward to see this release

BrigandPosted:

DezBryant I proabbaly wont be getting this..


It doesn't compete in the slightest with Microsoft or Sony. Nintendo is mostly attracted for families and younger kids. As long as Mario games will be made, Nintendo will continue to make an ample amount of sales for them to keep going on.

ProPosted:

DezBryant I proabbaly wont be getting this..


Same haha, im just gonna stick to my xbox one.

QTPosted:

I proabbaly wont be getting this..

SkyPosted:

not really interested in buying it myself , but cool .

SkittlePosted:

It will be interesting to see what Nintendo have in store for the community, I am sure that there are some die-hard Nintendo fans still out there!

XboxPosted:

I really cant wait to see what Nintendo has is store with this new console.

MickersPosted:

Can't wait to see what they have in store.

DeluxeHazardPosted:

So will the release of the NX make the Wii U and 3DS cheaper?