Nintendo to release a new handheld gaming device later this year?

Nintendo to release a new handheld gaming device later this year?

Wedbush Morgan’s Michael Pachter has said in a research note that Nintendo could just launch a new handheld gaming console before the end of this year.

This seems very unlikely because Nintendo DS continues to do very well in all the markets it is in.

Sony Playstation Portable has however caught on in some of the major markets though both the devices continue to sell in high numbers.

He said: “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 added: “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.”