Holiday 2020 is right around the corner, and that means the arrival of a new generation of gaming consoles. With the top gaming headlines this year being dominated week over week by new PS5 and Xbox Series X news and speculation, you’d think maybe Nintendo would show a little cause for concern.
And you’d be dead wrong.
According to an investor Q&A that was translated from Japanese by VGC, Nintendo’s president Shuntaro Furakawa told his investors precisely how to lube up and where to shove their concerns about Nintendo’s holiday 2020 sales figures.
“We will explain the specific figures for the next fiscal year in our next fiscal year announcement, but I think there will certainly be a change in the environment as new products of our competitors appear…”
“We do not believe that the business trends of other companies will have a significant impact on our business.”Mr. Shuntaro Furukawa, President of Nintendo – Nintendo (JP) Q&A
Mr. Furukawa also went on to say that he considers the Switch “in the middle of its life cycle” as it comes up on its third year in the market. Furukawa went on to discuss how Nintendo is more concerned with ensuring they can release new, exciting software for their customers to keep them playing – rather than cranking out new technology to keep up with the Joneses.
Mr. Furukawa’s confidence and wisdom is not misplaced, as the Nintendo Switch has eclipsed 52.48 million units sold, which is more than the SNES and Xbox One have sold in their entire lifetimes. For those keeping score at home – the Xbox One has been on the market for over six years, and the SNES was released before I was born.