Nintendo (7974.Japan/NTDOY) slipped 5% in Tokyo after Nomura Securities said the mysterious new console NX, to be unveiled this June, will cannibalize the existing sales of 3DS and Wii U.
According to analyst Junko Yamamura, Nintendo will make NX available by 2016 year-end’s shopping season. Nomura expects Nintendo to announce the “concept” sometime between March and May, unveil the actual console in June, and launch it between October and November. “We think the NX will start to boost operating profits in 18/3, when it will have been on the market for a full year and will have a line-up of software titles, which carry high operating margins.”
SOURCE
Okay, so several things:
- The timeline checks out- Nintendo can hold a preliminary conference in, say, April, to reveal the system, sort of like how Sony held one for PS4 in February, or Microsoft for Xbox One in May; they can then do a full blowout at E3 in June, and launch in October or November;
- The release date timeline is in line with what we have heard from the manufacturing pipeline, reported by iDigital Times;
- The timeline checks in with precedence too- Nintendo does have a Direct every year in April, June is E3, and consoles do launch in Q4 of a year, generally speaking;
- The new system is expected to cannibalize the 3DS and Wii U both, confirming that it may be some form of a unification of handheld and console
Basically, this sounds increasingly likely now, and if it is true, we may be, at the earliest, two months away from knowing just what the NX is.
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