Pachter predicts again: Nintendo to raise hardware expectations
Michael Pachter sure is all over gaming news right now. He’s been making predictions left and right lately. This time, he predicts that Nintendo will raise its hardware expectations after they release their strong Q3 performance.
Michael Pachter sure is all over gaming news right now. He’s been making predictions left and right lately. This time, he predicts that Nintendo will raise its hardware expectations after they release their strong Q3 performance.
“We expect the company to report results close to our estimate for revenue of Â¥789 billion, but Â¥ 100 – 150/share below our EPS estimate of Â¥ 1,033,” he wrote in a research note. “Nintendo’s recent operating performance has been spectacular and we expect this to continue in FY:10,” he said in another statement.
Right now, Nintendo expects the demand for Wii to be 27.5 million units strong. According to Pachter, however, they will raise that target to 30.5 million units. To avoid Wii shortages, maybe?
If you want to check out Pachter’s research notes, simply follow the source link below.
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Via Videogaming 247