Nintendo is back to being doomed
As most dedicated Nintendo fans know, we don’t know a single thing about the Switch’s successor…at least not officially. There are rumors and rumblings, insider scuttlebutt and leaks, but the Big N has remained quiet on their next-gen hardware. Still, analysts apparently feel more than comfortable predicting the next platform’s success, or lack thereof.
A new report from Bloomberg has gathered comments from various analysts around the world, and they all seem to agree on one thing; the Switch’s successor is going to fail to meet the same reach that the current Switch has achieved. Again, this is just based on speculation and predictions on what the new platform will offer, so take their comments with a grain of salt.
“In our five-year earnings estimates, we do not see profits during the next-generation hardware cycle surpassing peak profits of the Nintendo Switch cycle. (This could change if the hardware) turns out to be new concept hardware rather than a successor along the same lines as the Nintendo Switch.”
“We do not think the new console will be as successful as the Switch, and see potential profit-taking after the announcement.”
Having covered analyst commentary and predictions for the better part of 20 years, I can definitely say that comments like this are a dime a dozen. Some analysts end up getting things right and others are completely off the mark. It’s all a crap shoot in the end, no matter how educated some analysts may consider their predictions to be.