NX Will Be Revealed in June and Released in October/November (RUMOR)

Nintendo NX

When Nomura Securities stated that the Nintendo NX would be unveiled this June, stocks plunged 5% in Tokyo. The Nintendo NX is said to also cut into Wii U and 3DS sales which many people don’t like the sound of.

Analyst Junko Yamamura says that the Nintendo NX will be available by the time holiday/year-end shopping season beings. He even stated that we’ll even have the concept of the new console in our hands as early as Spring. In addition, the console is rumored to have a strong line-up of titles by the time it’s only a year old.

We had previously thought that the NX launch would have only a limited impact on 3DS and Wii U sales as it is not being positioned as a successor to either console, but we have now altered our view because 3DS sales have been weakening a little recently, particularly in terms of software, as the machine enters its sixth year, and to factor in a harsher competitive climate and what happened to other existing consoles when new machines were launched in the past.

We still expect the NX to launch in 17/3. We have lowered our estimates for current consoles to reflect the present situation, fiercer competition, and what has happened in the past when new hardware is announced… We have reduced our operating profit forecasts for 16/3 by 5.7% and for 17/3–21/3 by 30.0–32.7%.

Many people think that it’s too soon for Nintendo to release a new console (the Wii U has only been around for three years, really), but looking at the amount of units it has sold in relation to previous consoles (the Wii, for example) tells us that it’s time to move on. What are your thoughts? Let us know by leaving a comment below.

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Jelani Thompson is the Owner/Editor-In-Chief at Always Nintendo! He's very passionate about interviewing developers and bringing daily Wii U and 3DS news to the site's readers. When he's not busy saving the universe, he's most likely at his Grandma's house eating her delicious meals.