According to Wedbush Morgan analyst Michael Pachter, Nintendo has a handheld gaming device in the works ready for launch by year’s end.
“We think that the timing of a new product introduction will depend upon the sales profile for the DS, and believe that lower than expected DS hardware sales could trigger an earlier launch for the new device,” Pachter said in an investor note.
“DS sales are solid worldwide, but are weak in Japan, leading us to expect an introduction of a new device in Japan before the end of the calendar year.”
He said that Japanese DS demand will likely continue to decline. He adds, “We think that Nintendo has a new handheld device ready for launch in [Japan] before the end of the calendar year.”
What new wonders might this handheld from Nintendo hold?