Nintendo Switch: declining sales, its end of life approaches
Of course, this drop is due to the end of the console's life since many are now waiting for the next generation. The Nintendo Switch is still going strong with recent releases like The Legend of Zelda: Tears of the Kingdom but its hardware is reaching its limits.
Falling sales forecasts
Originally, Nintendo was counting on 13.5 million Switches sold, but the goal increased to 12.5 million, a drop of one million. The drop is accompanied by a 5.2% reduction in revenue forecasts. The company is targeting 1.28 trillion yen, or $8.41 billion, although expected net profits remain flat.
Nintendo's last fiscal year, ending in March 2024, was satisfactory. The movie Super Mario Bros. and the latest opus of The Legend of Zelda contributed to this popularity. But as the company points out in its documents intended for investors, since the Switch reaches its eighth year of life, “Hardware and software sales decreased significantly year-on-year”.
Nintendo Switch sales could, however, be boosted by the Nintendo Switch Lite Hyrule Edition and other bundles.
The Nintendo Switch, the second best-selling console in the company's history after the DS, is therefore reaching the end of its cycle. The future is focused on the next generation whose announcement is not expected before 2025.
