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Nintendo Sales Strong/ Stock Drops
Last week Nintendo announced its earnings for the nine months ending 12/31/2019. As expected Nintendo sales were strong. However, they were not strong enough to please investors who punished Nintendo stock. DFC Intelligence had forecasted a strong holiday season for the Nintendo Switch and it delivered. For the second half of 2019, Switch hardware sales were up 31% over 2018.&nb…..
Nintendo Switch Should Dominate Holiday 2019
For the past decade, Nintendo has underperformed. This has changed recently as the Nintendo Switch has been a star performer the past year. Going into holiday 2019, and the end of a rough decade for the company, Nintendo is looking stronger than ever. The Wii, launched in 2006, was Nintendo’s most successful console system, eventually selling 100 million units. However, the Wii was more of a short-term hit. Its unique motion control system proved to be somewhat of a novelty……
Can Nintendo Switch Pass the 100 Million Unit Mark?
The Nintendo Switch has been a strong success story in 2019. The September launch of the Nintendo Switch Lite doubles down on the portable element of the system. There is now a serious question about whether the Switch will eventually join the elite group of video game systems that have passed 100 million units in hardware sales. DFC Intelligence has been cautious about forecasting Nintendo sales because every year since 2008, sales have fallen short of estimates. In 2018, the Nint…..
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