Nintendo’s Next Move: Switch Games to be Playable on New Console
- Forecast for 6 months: Nintendo’s shares are expected to continue rising, potentially reaching a 10% increase due to the company’s strategic decision to include backwards compatibility in its new console.
- Forecast for 1 year: The new console is expected to be released in the next 12 months, with a potential sales figure of 15 million units in the first year, driven by the popularity of the Switch and the convenience of backwards compatibility.
- Forecast for 5 years: Nintendo’s expansion into new markets, such as films, merchandising, and amusement parks, is expected to contribute significantly to the company’s revenue growth, potentially reaching a 20% increase in the next 5 years.
- Forecast for 10 years: The gaming industry as a whole is expected to continue growing, with Nintendo playing a significant role in this growth. The company’s market share is expected to increase, potentially reaching 30% of the global gaming market in the next 10 years.
Tags: industry