Trending News|May 26, 2016 09:22 EDT
Nintendo NX News, Release Rumors: Nintendo Going To Produce Another Portable Console?
There have been reports saying that Nintendo will be producing another portable playing device alongside the Nintendo NX. Though also recently we are told that they are nothing more but speculations and just a vision.
Recently, a Japanese financial reporter release a statement saying that Nintendo might have a handheld console in development, which has a codename "the MH."
However, as reported by the International Business Times United Kingdom, Dr Serkan Toto who is the CEO of Katan Games, a Tokyo-based game industry consultancy firm said on twitter:
"That Morgan Stanley Japan note on Nintendo does not mean a portable console or the name "MH" is confirmed. They are picturing a scenario. Such 'rich' forward-looking analysis and also the wording is standard in investor notes. I know because I read *tons* of them."
He went on to add that:
"Things being predicted from now on are new factors to profit impact when NX and MH are to be fully announced, and monetisation of mobile games. If the skepticism on these can be wiped away, there is a high chance that their stocks will be greatly revalued, and as a premise for long-term investment, now is perhaps the [best] entry timing [to invest here]."
The Nintendo NX is a "dedicated games platform with a brand new concept" which was announced in 2016. On April 27, Nintendo announced that the NX would be released some time in March of next year. The gaming console will also partner with Niantic and with that, comes the window for Pokemon games, something which a lot of fans will definitely buy.