Posted in: Games, Nintendo, Video Games | Tagged: microsoft, nintendo, nintendo switch, xbox

New Projections Show Nintendo Looking to Surpass Microsoft

Published Wed, 07 Mar 2018 23:20:59 -0600

Last updated Thu, 08 Mar 2018 11:38:58 -0600

According to a new report by GamesIndustry.biz, Nintendo seems to be on track to overtaking Microsoft for their share of the gaming market sometime in 2018, if their sales continue to track the way they have during 2017. Below is a snippet from the story, but essentially, they predict that if Nintendo keep going the course they have been since the Switch was released and continue to focus on products that people are keen to buy, they'll move into the #2 slot behind Sony, a spot they haven't held in years. Could Nintendo do it? Tell us what you think.

Nintendo's growth was predominantly driven by the launch of Switch, but also the release of the SNES Classic and continued sales of the 3DS. Looking ahead, IHS Markit predicts spending on Nintendo products and services to be over $11 billion in 2018, while Microsoft is expected to dip to around $9 billion. In fact, growth for Nintendo is expected detract from spending on both Xbox and PlayStation, especially as those two consoles enter the later stage of their lifecycle. However, PlayStation will almost certainly hold its position as market leader. Spending on PlayStation products and services rose to well over $20 billion in 2017. While it is expected to dip slightly this year, it will still remain past that milestone.

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