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Home / Technology / Analysts believe Nintendo will fall short of the target to send 38 million switches by March 2019

Analysts believe Nintendo will fall short of the target to send 38 million switches by March 2019



  Nintendo Switch IMG

Despite Nintendo's strong hardware sales as we enter this year's holiday season, there are a number of analysts who believe that the Japanese company will be away from the goal of sending 38 million units by March 2019. [19659003] According to the average of eight analysts estimates prepared by Bloomberg, Switch is on track to send 35 million units by March next year. It's not as devastating as it sounds, as it's only three million behind Nintendo's forecast.

The same article from Bloomberg continues to share the analysts insight. Despite another year for Nintendo that apparently failed to live up to expectations, Cornelio Ash, analyst at William O & # 39; Neil & Co., believes. In Los Angeles, most analysts traced by Bloomberg still recommend buying shares.

Analysts called Nintendo Labo as the biggest disappointment for the company this year, although Nintendo president Shuntaro Furukawa said it would take time to see if the product was delivered.

Michael Pachter, analyst at Wedbush Securities Inc., said that this year was a reality check for the Kyoto-based company and explained how the system was still primarily considered an expensive handheld device.

Price cuts were Pachter solution, referring to how 3DS sales returned to form when prices on the system were slashed by 40 percent just five months after the launch. It is worth noting that the 1

5 percent price reduction on the Wii U was not enough to save it.

Another suggestion was to introduce different models, catering to several age groups. Credit Suisse Group AG believes that an audit of the hardware can be sold already next year with an announcement likely to happen sometime before mid 2019. It was not surprising that strong gaming sales were recognized as a way to regain the sales impulse in that new year.


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