Nintendo Plans Massive Switch 2 Launch With 8-inch LCD Screen In 2024: Report
Portfolio Pulse from Franca Quarneti
Nintendo ADR (OTC:NTDOY) is reportedly planning a major launch for the Switch 2 console in 2024 with an 8-inch LCD screen. Despite some criticism over not using OLED, Nintendo intends to produce 10 million units for the fiscal year starting April 2024, aiming for a massive launch with a retail price around $400. The LCD screen may be a cost-saving strategy, with an OLED version potentially releasing later. Details on the console's hardware and launch titles are still unknown, but the production plans indicate Nintendo's strategy to prevent shortages.
January 29, 2024 | 9:21 pm
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POSITIVE IMPACT
Nintendo's planned launch of the Switch 2 in 2024 with a significant production run indicates a strong commitment to meeting demand and could positively impact investor sentiment.
The announcement of a new console typically generates significant consumer interest and can lead to increased sales and revenue. The decision to produce a large number of units suggests confidence in the product's success. However, the choice of an LCD screen over OLED has received some criticism, which could temper investor enthusiasm slightly. Overall, the news is likely to be seen as positive in the short term, given the anticipation for the new product and the proactive approach to supply issues.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100