Nintendo could model their future success on Apple's iPhone.
Rather than bring out a new console every five years, the gaming company are considering building on their ever popular Switch console for future releases.
Toan Tran, investment manager at 10 West Advisors, told Bloomberg: "With every console generation, the install base resets to zero and their earnings power essentially resets to zero. They can continuously have an install base of say 100 million consoles out there, that just moves along over time."
It comes after it was claimed Nintendo would "need never again reset to zero".
Back in April 2019, Crossroads Capital, an investment fund manager company, claimed: "Nintendo has been working hard to eliminate that cyclical volatility altogether, by creating a console platform that can last, effectively, forever. That means Nintendo’s most valuable asset – its installed base of console users – need never again reset to zero, as it has every five to six years in the past."
Nintendo Switch has become one of the most popular consoles ever.
