Specifically, during the last quarter 3.43 million Nintendo Switch were sold, 22.9% less than a year ago, when 4.45 million units were shipped. The best-selling model was the OLED with 1.52 million units, while the standard settled for placing 1.32 million units and the Lite 590,000 units. Nintendo attributes this decrease to the lack of semiconductors that during the first fiscal quarter affected the production of the console. It is the same evil that PlayStation 5 and Xbox Series suffer.
As of June 30, 2022, the Nintendo Switch had sold 111.08 million units worldwide. In its documentation, Nintendo recalls that we are facing a console that hit the market six years ago, but despite this and the differences between the models and some regions, its demand remains stable. Moreover, if there were no shortage of semiconductors, sales would be higher. The Nintendo president’s goal is to extend the Switch cycle “as much as we can.”
Regarding finances, during the last quarter Nintendo reported sales worth 2,266 million euros, 4.7% less than in the same period of the previous year. Despite this, the company’s quarterly profit was 876 million euros, a year-on-year increase of 28.3%. Regarding the result of the fiscal year that will end on March 31, 2023, the company maintains its forecast of ending the year selling 21 million Nintendo Switch, two million less than the previous year.