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Nintendo says no new Switch in 2020

Japanese gaming big Nintendo stated on Jan 31 that there could be no recent mannequin of its hot-selling Swap console this 12 months, dashing the hopes of followers anticipating a brand new model.

“Now we have no plans to launch a brand new Nintendo Swap mannequin in 2020,” president Shuntaro Furukawa advised a briefing in Tokyo.

Competitors within the trade is anticipated to develop harder this 12 months as Sony prepares to launch its next-generation PlayStation 5 for the Christmas season, and with upcoming 5G cellphones anticipated to supply extra subtle gaming.

However Furukawa stated the Swap’s life cycles and buyer bases had been totally different from rival consoles.

“Different corporations’ enterprise strikes is not going to have a particular affect on our enterprise,” he stated.

The unique Swap console, a hybrid that can be utilized for handheld play or hooked as much as a display screen at residence, has grow to be an enormous international vendor.

It’s getting into its fourth 12 months, which Furukawa described because the “early stage of its center life”,

However its gross sales are nonetheless strong with highly effective software program titles.

Final September, Nintendo additionally launched a scaled again, cheaper model of the console, referred to as Swap Lite, which is a strictly handheld system. Its gross sales have additionally been strong.

In December the Kyoto-based agency behind Tremendous Mario and Pokemon rolled out the flagship Swap mannequin in China through Tencent to additional increase its international attain.

After the inventory market closed on Jan 30, the corporate reported a leap in gross sales and revenue for the 9 months to December, upgrading its full-year revenue forecast on sturdy demand for Swap consoles.

However the inventory fell greater than 4 p.c on Jan 31.

“Its earnings weren’t dangerous however market expectations had been larger,” stated Makoto Sengoku, market analyst at Tokai Tokyo Analysis Institute.

The absence of a console launch wouldn’t damage Nintendo a lot due to its hit software program titles, he added.

“The brand new coronavirus is somewhat worrying,” he added, noting it may disrupt Nintendo’s shipments from Chinese language factories.

“Shares associated to inbound vacationers have been falling however now buyers have realised Nintendo is also affected,” he stated.

Nintendo stated on Jan 30 that its internet revenue for April-December rose 16.4% from a 12 months earlier to 196.Four billion yen (RM7.37bil) on sturdy gross sales of {hardware} and software program. – AFP Relaxnews

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