During GameStop’s latest financial call, the company attributed their success in 2017 to Nintendo Switch. Hardware sales increased by 44.8% in the forth quarter, and by 28.3% for the entire year thanks to the console.
GameStop CEO Mauler also believes that 2018 will be a very strong year for the hybrid console. Check out his full comments below.
Yeah, I think that’s a fair question with Nintendo. I mean we know kind of what happened with Wii U. I’d say this is definitely a whole different platform than we saw in the past. We have visibility to the software. So last year was a tremendous year for the software, as well as hardware between Zelda and Mario Odyssey and all the games that they had really drove a lot of hardware sales, as well as software.
I think this year when we look at the slate of titles, many of which haven’t been announced yet, this year looks also very, very strong. So I think, at least, for 2018, we’ll continue to see the strong software slate drive additional installed base on the hardware and increase attach rate. We don’t have really visibility for 2019 yet, but for 2018 it should play out that way.
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