L’heir from Nintendo Switch will not arrive before 2024, to be optimistic. This was said by Wedbush Securities analyst Michael Pachter in the latest Pachter Factor Q&A, in which he talked about Nintendo’s hybrid console and how much its power counts.
Pachter: “I think we won’t see a new console before 2024, but more likely in 2025. Not because they can’t launch it, because they can, but because the Switch is making them a lot of money.“
Indeed, why should Nintendo risk cutting its own legs? For Pachter, the price of Nintendo Switch will drop after Christmas and the OLED version will go to around $ 300, while the standard version will be around $ 250: “It costs them less than $ 150 to produce it. Probably less than $ 100. So it pays him a ton of money. While it lasts, they won’t be in any hurry to launch a new console.“
Speaking of hardware power, Pachter doesn’t think Nintendo considers Microsoft and Sony to be competitors, otherwise it would have launched a more powerful console right away. The strategy is still that ofblue ocean di Satoru Iwata: “Nintendo is sure to play on a different field than everyone else’s and doesn’t care how many PlayStation or Xbox are sold.“Anyone who wants Nintendo’s content buys its consoles and as long as they produce good enough to sell the console they won’t care.
The problems will begin when the sales of the software decrease. But for now the danger seems to be far away. “They manage to sell so many copies of everything because their games are great.“Ha conclusion Pachter.