“We believe that Nintendo’s software guidance is exceedingly conservative. We think that the actual software shipment figure will be closer to 200 million, with a bias for upside. The company’s software forecast is not reasonable for the DS. Nintendo expects DS software sales to increase from 185.6 million units to 187 million, while expecting the DS installed base to go from 70.6 million to 98.6 million. Our best guess is that the DS software unit figure will be closer to 210 million, particularly with games like Pokemon and Guitar Hero shipped during the year.” – Wedbush Morgan analyst, Michael Pachter

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