Nintendo Now Expects a Switch Sales Decline
Is the Switch frenzy finally cooling off?
Last week Nintendo reported that they expected Switch sales to begin to decline by the end of this year. The ongoing global chip shortage and logistical issues will continue to hamper production and distribution throughout the remainder of 2022. Having jumped over the lifetime sales of the Wii, which sold a staggering 101.64m, the 10th of May saw Nintendo update the sales figures of the Switch.
Switch Sales Are Beginning to Slow
The Fiscal Year (FY) from April 1 2021 to March 31st 2022 saw an additional 23.06m Switch units (OG Switch, OLED, Lite) being sold, a decrease of 20% from the same period of the year before however raising the lifetime figure to 107.6m. As reported by Nikkei, Nintendo estimates that the number of Switch units sold in the FY22/23 will decrease again by 10%.
Singled out for individual highlight was the software sales for both Pokemon Legends Arceus - which sold 12.64 million copies in 10 weeks, and Kirby and the Forgotten Land which sold over 2.1 million units in just two short weeks! A total of 39 titles have now surpassed 1 million units sold, with 26 of those being Nintendo’s own published games and 13 from third party publishers. Mario Kart 8 Deluxe continues to sell gangbusters with a total of 9.44m sold over the year - bumping the lifetime sales figures up to 45.33m: that’s a 42% install base. The most popular games over the FY were both Pokemon Brilliant Diamond/Shining Pearl and the aforementioned Pokemon Legends Arceus, the only games to sell more than 10m. All in all the number of software units sold increased by 1.8% over the period to 235.07m units.
Casting an eye further into 2023, the company said “Regarding Nintendo Switch, we will continue to convey the appeal of all three hardware models to maintain a high level of sales momentum and expand the install base. As for software, along with the release of Nintendo Switch Sports in April, we have planned the global releases of Xenoblade 3 (July) and Splatoon 3 (September). In addition, the latest entries in the Pokémon series, Pokémon Scarlet and Pokémon Violet, are slated for release in late 2022. Other software publishers also plan to release a wide variety of titles, and we will work to strengthen sales through the combination of existing popular titles and a continuous stream of new titles.”
The Switch still has a long way to go to hit both the PS2 (159m) and the Nintendo DS (154m) and depending on how Nintendo revises the hybrid console will determine if it has the legs.
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