Will the Nintendo NX Arrest Gaming Hardware Sales Skid?

Will the Nintendo NX Arrest Gaming Hardware Sales Skid?

Nintendo is planning to launch the Nintendo NX next year as it tries to offer something different and beneficial on their end. But from the looks of it, Nintendo is not the only one who stands to benefit but the gaming sector as well.

GameStop recently revealed the quarterly earnings and the figures were far from comforting. Per their report, sales dropped by 4.3% ($1.97 billion) while hardware sales fell by 28.8%. They attribute the fall to a small number of AAA games that came out in the first quarter of 2016.

While the crunched numbers would somehow look alarming, GameStop alleges that they would rather look forward especially in the hardware side of things. With the virtual reality market slowly gaining ground, there is also the planned Nintendo NX which promises to stir up things in the gaming hardware niche.

If successful and well-received, the Nintendo NX could rack in as much as $7.5 billion once it officially makes its way into the market.

While the report seems to lean more on added pressure by pinning a lot on Nintendo’s next game console, a GameStop representative made it clear that they are not projecting but looking at the impact the Nintendo NX may bring to the game console segment.

It remains to be seen how the Nintendo NX would fare but a conservative projection would see it generate about $2.7 billion in incremental sales in the first two assuming it performs slightly better than the Wii U.

For now, the potential of the Nintendo NX is unknown though there could be other factors that may underly it once it officially hits the market.

Could the abandonment of disc drives have any bearing on the Nintendo NX sales? While all of these rumors, the representative opted not to touch on the matter. He did however say:

“The only difference would be on the refurbishment and pre-owned side, and actually cartridges are much simpler to refurbish and repackage, so there's a little bit of an advantage in that direction.”

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