lynux3 2,461 Posted November 28, 2018 Share Posted November 28, 2018 https://www.bloomberg.com/news/articles/2018-11-27/nintendo-switch-loses-shine-as-killer-product-for-new-gaming-era Quote But so far, the Switch has struggled to find customers beyond a core fan base. The Switch is on track to reach 35 million unit shipments by March, according to the average of eight analysts’ estimates compiled by Bloomberg, short of Nintendo’s target of 38 million. Quote “All great consoles need a great second year, and Nintendo hasn’t delivered one for the Switch,” said Cornelio Ash an analyst at William O’Neil & Co. in Los Angeles. “Investors thought over five years they could sell maybe 90 million units. But after this year, that’s looking pretty much impossible.” Not looking good for 20m units shipped. Link to post Share on other sites
Goukosan 2,453 Posted November 28, 2018 Share Posted November 28, 2018 (edited) They're (the analyst Bloomberg got their averages from) expecting over 35 million in two years... which means they're projecting it to sell exactly the same amount it sold last fiscal year.. lol Matt from NPDs response; MatPiscatella The NPD Group - Video Game Industry Analyst Those analysts could use better modeling. Edited November 28, 2018 by Goukosan Link to post Share on other sites
lynux3 2,461 Posted November 28, 2018 Author Share Posted November 28, 2018 So they miss their target by 2m+? Link to post Share on other sites
Goukosan 2,453 Posted November 28, 2018 Share Posted November 28, 2018 (edited) 2 minutes ago, lynux3 said: So they miss their target by 2m+? That's what Bloomberg's story on the financial analysts projections are saying (excluding Pokémon and Smash) They're projecting the same amount sold as last year Edited November 28, 2018 by Goukosan Link to post Share on other sites
lynux3 2,461 Posted November 28, 2018 Author Share Posted November 28, 2018 Just now, Goukosan said: That's what Bloomberg's story on the financial analysts projections are saying (excluding Pokémon and Smash) That's a big miss if true. January will be interesting. Link to post Share on other sites
Goukosan 2,453 Posted November 28, 2018 Share Posted November 28, 2018 Just now, lynux3 said: That's a big miss if true. January will be interesting. It's a projection let's see what happens. January will be the Calendar year results, but will give a better picture of what how well it did for the Holidays. fiscal year results (which is what these financial analysts are referring to) won't be released until April because Nintendo's fiscal year ends March 2019, 4 months from now Link to post Share on other sites
lynux3 2,461 Posted November 28, 2018 Author Share Posted November 28, 2018 16 minutes ago, Goukosan said: It's a projection let's see what happens. January will be the Calendar year results, but will give a better picture of what how well it did for the Holidays. fiscal year results (which is what these financial analysts are referring to) won't be released until April because Nintendo's fiscal year ends March 2019, 4 months from now Quote Credit Suisse Group AG sees “a strong likelihood” that new Switch models will go on sale as soon as next year. Switch Pro? Link to post Share on other sites
Playstation Tablet 1,868 Posted November 28, 2018 Share Posted November 28, 2018 Not a big loss. Link to post Share on other sites
Purist 134 Posted November 28, 2018 Share Posted November 28, 2018 Meet target or not, Nintendo Switch is selling extremely well especially in Japan and NA. Link to post Share on other sites
talamatross 15 Posted November 28, 2018 Share Posted November 28, 2018 Nintendo needs a hardware refresh and price drop. Link to post Share on other sites
McWicked 825 Posted November 28, 2018 Share Posted November 28, 2018 (edited) All of the Era NPD thread insiders are saying 20 million is back on the table since Pokemon released. Prolly best to wait and see how it fairs over the Holiday Season*. EDIT: https://www.businesswire.com/news/home/20181128005283/en/Nintendo-Hits-Big-Milestones-Thanksgiving-Cyber-Monday However much that is. Edited November 28, 2018 by McWickedSmawt85 Link to post Share on other sites
McWicked 825 Posted November 28, 2018 Share Posted November 28, 2018 This is the type of statement that Deeno cums his pants over. But since none of us are as gullible as Deeno, I'm gonna say this is Benji stating that 20 million is very plausible, but not certain. Having a 5% chance is five times more likely to hit a target than having a 1% change, after all. Link to post Share on other sites
jehurey 3,318 Posted November 28, 2018 Share Posted November 28, 2018 Smash and the Smash hardware not coming out until December 7th is probably going to spill over to people still buying the hardware in January because they want to get in on playing Smash Bros. I probably expect January and February 2019 to be busier for the Switch than January/February 2018. Link to post Share on other sites
McWicked 825 Posted November 28, 2018 Share Posted November 28, 2018 I finally got around to reading this and you would never guess which analyst they decided to quote. Quote “2018 was a reality check and brought lofty expectations back down to Earth,” said Michael Pachter, an analyst at Wedbush Securities Inc. “The Switch is great, but is still primarily a handheld, and a very expensive one.” Link to post Share on other sites
Cooke 2,066 Posted November 28, 2018 Share Posted November 28, 2018 now would be a great time to buy ntdoy stock Link to post Share on other sites
JonDnD 3,032 Posted November 29, 2018 Share Posted November 29, 2018 Lmao at how vested you guys are into this . Link to post Share on other sites
Goukosan 2,453 Posted November 29, 2018 Share Posted November 29, 2018 2 hours ago, Jon2B said: Lmao at how vested you guys are into this . dat growth Link to post Share on other sites
Playstation Tablet 1,868 Posted November 29, 2018 Share Posted November 29, 2018 It apparently surpassed Wii's best year. It will be fine lol. Link to post Share on other sites
JonDnD 3,032 Posted November 30, 2018 Share Posted November 30, 2018 21 hours ago, Goukosan said: dat growth Yeah , you're owned . Link to post Share on other sites
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