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Nintendo Switch: The hybrid console still at the top, the new record figures!

Nintendo Switch: The hybrid console still at the top, the new record figures!
Written by madishthestylebar

business news Nintendo Switch: The hybrid console still at the top, the new record figures!

This is now the big question that fans of video game figures are asking themselves: will the sales of the Nintendo Switch succeed in reaching those of the PS2 and the Nintendo DS. Five years after its release, Nintendo’s hybrid console has reached a new level and one wonders how far it will go.

As you may know, the corporate fiscal year ended on March 31, 2022. With the exception of a few companies which cut their years differently, professionals are currently disclosing their balance sheets for the period from April to March 2022.

The Nintendo Switch continues to deliver!

A few months ago, we learned that the Nintendo Switch had passed the milestone of 100 million consoles soldwhich allowed him to hope to reach the crazy numbers of the PS2 and the Nintendo DS, namely more than 154 million unitsNintendo having declared that the console was in the middle of its life cycle, it was necessary to wait for the annual financial report as well as the projections of Nintendo to see more clearly.

This is now done, since the firm just released their numbers for the fiscal year 2021-2022. The first point, and obviously one of the most striking, is that which allows us to learn through by Oscar Lemaire that the Nintendo Switch has now sold 107.65 million copies as of March 31, 2022! It therefore becomes the 5th best-selling console history behind the PS2, the Nintendo DS, the Gameboy/Color and the PS4 but ahead of the PS1! Over the fiscal year, this represents 23.06 million consoles sold.

Falling figures, worrying for the manufacturer?

After four years of continuous growth and an exceptional year 2020-2021 (28.83 million copies sold), the console officially marks timeand the projections confirm that, that’s it, the Switch begins to see its sales decline, which makes perfect sense after 5 years and over 105 million units sold. Nintendo also anticipates a further decline for the coming fiscal year, which does not mean that the consolenow with classic model, Lite model and OLED model, collapsesfar from there.

The manufacturer estimates that during the year 2022-2023, 21 million additional Switches will find takers, which is far from shameful. A decrease which can be explained as well by the age of the machine as by the decrease in the number of potential customers and by the shortage of semiconductors which now worries Nintendo. Thus, if Nintendo’s forecasts are correct, and we know that Japanese companies prefer to have reliable estimates rather than “sell dreams” to investors, the Switch would have been bought 128.65 million times.

A slightly lower financial balance sheet, but big productions to come

In parallel with this information, Nintendo has unveiled its turnover, which is down slightly ! The builder/publisher/developers comes out of a relatively quiet year in terms of releasesand has taken it pretty well while waiting for Xenoblade Chronicles 3, Mario Strikers: Battle League Football, Splatoon 3 or even the sequel to The Legend of Zelda: Breath of the Wild, and Bayonetta 3. Nintendo therefore announces revenue of 12.29 billion euros, down 4% compared to the exceptional year 2020-2021.

Nintendo Switch: The hybrid console still at the top, the new record figures!

A decrease which is also felt at the level of the operating profit, which is 4.2 billion euros (-7%)and at the level of net profit, which is 3.46 billion euros (-1%). Despite everything, and as Oscar Lemaire points out, the Switch generation is the most lucrative for Nintendo, surpassing the Wii + DS generation. The sale of consoles and accessories represents 46.8% of turnover, followed by Nintendo games at 39.32%. The rest comes from third-party related royalties (10.58%), mobile games and derivative products at 3.14% and cards / board games at 0.16%. As for games, the physical is resisting by still representing 57.48% of sales, dematerialized being in second place with 23.89%. The remaining 18.6% is related to DLC sales, miscellaneous subscriptions, small games and microtransactions.


About the Nintendo Switch

Graphics by Oscar Lemaire

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