Nintendo (NTDOY) and Sony (SONY) are heading into the holiday season with little to offer mass-market consumers, with Nintendo only relying on sales of a seven-year-old console and Sony’s newest offering only appealing to hardcore players, David Keohane and Harry Dempsey of The Financial Times says. Last week, Sony released the $700 PlayStation 5 Pro last week to mixed reviews while Nintendo lowered its guidance for the year. The picture is also stark for video game releases, with no new blockbusters expected this year.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTDOY:
- Game On: Analyst raise price targets on Take-Two after Q2 results
- New ‘Mario Party’ tops Japan sales charts in October, GI.biz reports
- New ‘Mario & Luigi’ debuts in third place in U.K. boxed sales, GI.biz says
- Trump Media, broader market surge after Trump wins election: Morning Buzz
- Nintendo says Switch successor will be able to play Switch games, The Verge says