Nintendo To Use Accounts System To 'Smoothly Transition' Switch Users To Next-Gen Console
Portfolio Pulse from Franca Quarneti
Nintendo's President Shuntaro Furukawa announced that Nintendo Accounts will be used to facilitate a smooth transition for users from the Nintendo Switch to the company's upcoming console. There are currently over 290 million active Nintendo Accounts across console and mobile platforms. This move aligns Nintendo with industry leaders such as Sony and Microsoft, who have successfully transitioned users' accounts across hardware generations. Despite a decline in Switch sales, Nintendo maintains that the current console has at least another year of relevance.
June 27, 2023 | 6:40 pm
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NEUTRAL IMPACT
Microsoft's successful transition of users' Xbox Live accounts across hardware generations is mentioned as a benchmark for Nintendo's strategy.
Microsoft is mentioned as a benchmark for Nintendo's strategy to transition users to its next-gen console. However, the news does not directly impact Microsoft's short-term performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Nintendo plans to use its Nintendo Accounts to transition users to its next-gen console. This could potentially retain its user base and maintain its market position despite declining Switch sales.
Nintendo's decision to use its accounts system for transitioning users to its next-gen console is a strategic move to retain its user base. However, the declining sales of the Switch console could potentially impact the company's short-term performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Sony's successful transition of users' PlayStation Network accounts across hardware generations is mentioned as a benchmark for Nintendo's strategy.
Sony is mentioned as a benchmark for Nintendo's strategy to transition users to its next-gen console. However, the news does not directly impact Sony's short-term performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50