Nintendo NX Release Date: Console Will Launch Before Year Ends, According to Analyst
An analyst has revealed Nintendo NX's release date. In addition, the analyst claims that the release of the new console will not be good for the company's older consoles, 3DS and Wii U.
A Barron's Asia report cites Junko Yamamura, an analyst from Nomura Securities in Tokyo, as saying that Nintendo will be making the Nintendo NX available by 2016's year-end shopping season. The analyst said that the new console will be announced between March and May, unveiled in June, and launched between October and November.
Yamamura believes the new console will boost operating profits for the company after the Nintendo NX has been in the market for one year and already has a library of software titles.
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On the flip side, the analyst thinks that the arrival of the new console will bring not-so-good tidings for the company. He fears the Nintendo NX will cannibalize or cut into the sales of the company's older consoles, the 3DS and the Wii U.
"We had previously thought that the NX launch would have only a limited impact on 3DS and Wii U sales as it is not being positioned as a successor to either console, but we have now altered our view because 3DS sales have been weakening a little recently, particularly in terms of software, as the machine enters its sixth year, and to factor in a harsher competitive climate and what happened to other existing consoles when new machines were launched in the past," Yamamura said.
Gameranx, however, notes that it is more common practice for the company to release a new hardware after one year of its unveiling. Nintendo has not announced any release date or time frame of its new console's release, though. And as analysts are not always right, this information regarding Nintendo NX's release date should be taken with a grain of salt.
