Nintendo’s Switch is one of the bestselling videogame consoles ever, but it has begun to show its age. The Japanese game giant needs to quickly find a successor to satisfy gamers and its investors.
Nintendo shipped nearly 18 million of the consoles for the fiscal year ended March, bringing its total sales to 125.6 million units since its launch in 2017. That puts the home and hand-held console ahead of Wii, its previous runaway success. But the downward trend is clear: It shipped 22% fewer Switch consoles than the previous year. At the peak, it sold almost 29 million units during the fiscal year ended in March 2021, receiving a big power-up from stay-at-home gamers during the pandemic. The slowing sales are affecting its results: Nintendo said Tuesday that revenue for the fiscal year ended March fell 6% from a year earlier, while its operating profit dropped 15%.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Already a subscriber? Sign In
- Walmart:
20% off your order with Walmart promo code - Target:
Target Promo Code: 20% Off Entire Order - Zales:
Use Zales Coupon and save 10% off sitewide - American Eagle Outfitters:
15% off American Eagle promo code 2023 - JCPenney:
JCPenney Coupon - Extra 20% Off Mother's Day Sale - Kohl's:
Kohl's promo code: 30% off for Kohl's Rewards Members
