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Analysts see bright future for Nintendo, think Nintendo's Switch sales estimates might be conservative

by rawmeatcowboy
27 April 2017
GN Version 5.0

"Nintendo’s 10 million forecast is too cautious and more than 15 million units could be sold during the current fiscal year." - Ace Research Institute analyst Hideki Yasuda

Coming from Macquarie Capital Securities analyst David Gibson

- expects Nintendo to earn ¥137 billion operating profit in the current fiscal year
- this is assuming it sells more than 14.5 million Switches over the period
- this also would include revenue contributions from Nintendo-made game software for the Switch and smartphones

I don't think there's anything wrong with being conservative. We all remember how the Wii U went. Let's just hope that Nintendo didn't overestimate demand with the Switch. Hitting that 10 million marker in this fiscal year would be oh-so sweet.

[Link]