Nintendo NX news: Analyst firm DFC warns against launch in 2016

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Nintendo recently laid out their future plans in a Question and Answer event where CEO Tatsumi Kimishima revealed that the company will be banking on their smart devices and the upcoming Nintendo NX console to reach their target goals for the year.

However, DFC Intelligence, video game market research firm, warned the company about their chosen date to roll out the gaming device. In a report by Nintendo Life, the research and analytic team said that if Nintendo will release the Nintendo NX this year, it will not have any significant effect on the gaming market until late next year.

“DFC believes that Nintendo launching a new system in 2016 would be a mistake and under any scenario the Nintendo NX will not have an impact on the market until late 2017,” the firm said.

“Of course, our perception is likely to evolve as more details around price points and launch dates become available, but 2016 is looking to be a record year for the game industry,” DFC Intelligence added, referencing the plethora of standalone or complementary devices for the enhancement of the experience of gamers including this year’s releases of various VR gadgets including the Oculus Rift, PlayStation VR and HTC Vive. On top of that, other repercussions of dropping the gaming console this year include cannibalizing profits from their own products as the Nintendo NX has the ability to take away sales from the 3DS and Wii U.

“In reviewing 2015, the PlayStation 4 met our expectations while the Xbox One and Wii U slightly underperformed. Going forward DFC believes that the potential launch of a new Nintendo system as well as new VR devices, especially the PlayStation VR will have a negative impact on the Xbox One and Wii U,” DFC Intelligence concluded.

As of now, information about the gaming console is still tightly under wraps. Even its current name “NX” is believed to be just a code name for the product. Other rumors include that Nintendon NX will be a two part device running under one software.