Pachter predicts – Next Nintendo Switch coming 2024

Pachter predicts – Next Nintendo Switch coming 2024

Famed video game analyst Michael Pachter predicted when he believes Nintendo will release a Nintendo Switch successor.

Pachter is of the firm opinion that Nintendo won’t release a follow up to the Nintendo Switch until 2024 at the earliest. He says that he puts this prediction down to the fact that the system is still selling very well along with the software.

Pachter notes

Their games are killing it. They’re just selling so many units of everything and it’s because their games are really, really good. I think that probably the earliest you’re going to see a new console is [2024] and more likely [2025]. So again, not because they can’t, they can, it’s because they’re making so money making Switches.

If the Switch is still $300 it will drop to $250 likely after Christmas and once supply and demand get in balance again. The OLED will become the de facto model of $300. But they’re minting money at $300.  That thing costs them less than $150 to make. Probably less than $100. So they’re able to make a ton of money as long. As long as they are what’s the rush [to] bring out a new console.

“If they believe the competition was Microsoft and Sony they would [release a more powerful console], this [goes] is back to Mr. Iwata and his blue ocean strategy. That’s the mantra of the company.

[Nintendo is] absolutely convinced that they’re playing on a different playground than everybody else and they don’t care how many Xboxes or PlayStations are sold. And in fairness to them if you want to play Nintendo games you’re buying a Nintendo console

As long as they have good content and a lot of it they’re going to keep selling Switches. And one thing they’ve got is good content and a lot of it. If you start to see a decline in sales of software you could worry, but you’re not. Their games are killing it. They’re just selling so many units of everything and it’s because their games are really, really good.

As always we will have to wait and see whether he is correct in his prediction. But do you believe he is correct or not?