Switch

Yesterday, we shared a report from the Wall Street Journal which states that Nintendo is planning to release two new Switch models later this year. These claims haven't been confirmed or commented on by Nintendo itself, but the company has seen a significant share price rise as a result.

The report suggests that both a cheaper model, with some key features taken away, and a more expensive device which will have “enhanced features targeted at avid video gamers" are on the way. Investors seem to like the sound of these hypothetical consoles, with Nintendo's shares climbing as much as 6.8% in response - the largest increase Nintendo has seen in a single day since last August, according to BloombergQuint.

Nintendo's share price over the last five daysvia Google
Nintendo's share price over the last five days

If you missed it earlier, we've already discussed our thoughts on the report in depth, essentially coming to the conclusion that new Switch models could be welcomed - and do very well for Nintendo - as long as they're released with clear marketing and are different enough to the standard console to warrant their existence.

If Nintendo does release two new systems - or even just the one, really - 2019 could well be yet another crucial, exciting year.

Do you think these hypothetical new Switch models would be a smart move for Nintendo? Do you think investors are right to be excited? Share your thoughts with us in the comments.

[via bloombergquint.com]