Wall Street Journal: Nintendo to release two new Switch models as early as summer

[Bofferbrauer2]

kenjab said:

"Industry watchers expect sales for the Switch to begin declining soon. Analysts polled by Visible Alpha, a provider of market forecasts, anticipate on average that 17.9 million units of the Switch will be sold in the fiscal year ending this month, followed by 17.4 million in the following year."

Um, these "analysts" are idiots. There's no way, even if there isn't an updated Switch released this year, that the Switch will sell less next FY than in this one that's about to end. Not with the list of games coming out from June on this year. The Switch is already selling ~30% better in '19 than this point last year, with basically no big new games. The increase will only get more pronounced once the big games start releasing.

That's why they are called analysts, because their forecasts are mostly based on ass pulls. It works because every big investor nonetheless listens to them anyway.