"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.