GameStop talks about NX’s potential
Posted on 4 years ago by Brian(@NE_Brian) in News, Switch | 14 Comments
Yesterday, GameStop held its quarterly financial conference call. Executive VP of business strategy Mike Hogan actually weighed in a bit on NX, and spoke about the potential sales the console could see in its first couple of years in comparison to Wii U and Wii.
Here’s what was mentioned:
Nintendo has confirmed that they will be introducing a new console in early 2017. So let’s take a look at the potential for just that one new console. Once again, we’re not projecting. We are simply looking at the potential for the new console in comparison to prior consoles.
Should the new NX perform only slightly better than the Wii U, it would generate 2.7 billion dollars in incremental sales over the first two years. Should it perform at even half of the level of the Wii, it would generate 7.5 billion units of incremental sales over that time frame. You can of course apply GameStop’s market share to estimate the impact on GameStop’s sales.
While it’s too early to offer definitive projections, we are monitoring the situation closely in terms of product availability and features, consumer awareness and purchase intent. We plan to provide updates this quarter.