Nintendo will release a new game console

Nintendo has summed up its fiscal year and presented its plans, from which it follows that the bet on integrated hardware and software complexes will continue in the future. The company’s game console business has been successful for more than 40 years, and there is no doubt that nothing will change dramatically before the end of this century. The new console, according to Nintendo’s presentation, is sure to come out in 20XX — that is, the company is taking its interval of 70 years to develop it.

CEO Shuntaro Furukawa said that the project Switch showed the results by 20% worse than expected, due to which the net profit for the first two quarters of 2021 was 19% lower than planned. This is a direct miscalculation of the marketers, who have made a bet on the sale of equipment, and users have chosen to play games instead. In particular, the season hit Animal Crossing: New Horizons was bought by over 40% of those who bought Switch. Therefore, in the new year, games will be a priority – three projects “Pokémon” theme and a game on the world of Legend of Zelda are prepared for release.

Furukawa also noted that the company will continue the development and implementation of Nintendo Switch Online, Expansion Pack and other innovative digital services. And it also plans to open several physical stores, plus Super Nintendo World theme parks with a new type of augmented reality entertainment.