Nintendo was ready for it to swallow Financially this year, sales of the old Switch have been down, but things are going a little worse than expected. After selling fewer consoles than expected in the past two quarters (4.72 million compared to 6.84 million last year), the company lowered its sales forecast to 12.5 million from 13.5 million consoles — a decrease of one million units. The company also cut its sales forecast by 5.2 percent to 1.28 trillion yen ($8.41 billion), thinking it expected a net profit similar to last year.
Although the Switch was first released in 2017, the company saw decent financial performance last fiscal year (which ends in March 2024). The Legend of Zelda: Tears of the Kingdom the game and, to a lesser extent, the launch The Super Mario Bros movie.
However, “there were no special factors in the first half of this fiscal year, and it’s the eighth year since the launch of the Nintendo Switch that both hardware and software unit sales have declined significantly year-over-year,” he said. IR explanatory materials. However, there were some bright spots, such as a slight increase in Switch sales last quarter due to the launch of Switch Lite: Hyrule Edition and other bundled hardware/software releases.
The Switch is Nintendo’s second-best-selling console of all time behind the DS, but it’s definitely gone its own way. This means the company will be banking heavily on its new generation 2 replace the consolebut will not be revealed until today early next year — so sales are unlikely to improve in the near future.
