The Nintendo Switch has had a pretty good year so far and is believed to have already sold over 5 million units worldwide. There is no doubt that the Switch should outsell the Wii U with no problem but a certain Market Analyst thinks the Switch could be one of the top selling consoles of all time.
Credit Suisse has upgraded Nintendo to outperform as they now expect the Switch to sell 130 million units by 2022 which is up from 70 million which was their last projection. Here is why they believe that:
As Nintendo’s Switch is a unique game platform for use as either a console or handheld, there was initially some uncertainty over whether its sales cycle would more closely resemble that of a console or handheld. Although the Switch is currently categorized as more of a console, we expect it to sell like a handheld. Many users are in fact using the Switch as a portable according to a Famitsu survey of users. We previously projected a sales peak at about three years after launch (i.e., in FY3/19) on the assumption of a console-like sales cycle. Now that the Switch looks more likely to sell like a handheld, we update our sales forecast to reflect a longer sales cycle. We now expect the Switch to achieve peak sales about five years after launch (i.e., around FY3/20–21) like a typical handheld game device. We also raise our peak-year sales forecast from 25mn to 31mn units.
While 130 million is a far out projection who knows what could happen given how well the Switch is doing. Let us know in the comments what you think of their prediction.