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GameStop: Nintendo Switch is Selling Out “Within Hours”; Demand “Incredibly Strong”

Forums - Nintendo Discussion - GameStop: Nintendo Switch is Selling Out “Within Hours”; Demand “Incredibly Strong”

 

According to retailer GameStop, the Nintendo Switch is selling like hot-cakes and the platform is selling out within a few hours in stores.

That’s what GameStop’s Chief Operating Officer, Tony Bartel, said during the company’s most recent financial earnings call. Talking about gaming revenue projections for 2017, the retailer expressed to be cautious to be too optimistic, but the Switch has been selling incredibly well since its launch earlier this month. This was also confirmed by GameStop’s CEO, Paul Raines, who added that attach rates for the Switch have been amazing. “We have had a very successful launch so far with high attach rates of software particularly Zelda and related add-ons”, Raines said. “The Switch has provided a dramatic lift in traffic in-store”, he added.


If the retailer is to be believed, Switch sales have been so strong, that it’s been selling out within a few hours following replenishments. “As Paul said we are also pleased with the recent Switch launch”, Bartel said. “We have had multiple replenishments since the launch, all of which have sold out in hours”, he stated.

When asked about the Switch’s potential of broadening the market beyond traditional Nintendo fans, Bartel stated that they will likely be chasing supply for Nintendo’s platform throughout the entire year. “I’d say two things, first just the demand is incredibly strong”, he said. “As soon as we get into our stores, it’s out within hours. “We anticipate that we’re going to be chasing supply this entire year. The other thing is that every game that’s out there is to add over 5.5 attach rate to this, signifies there is a lot of people are finding this a great platform and they’re picking up anything they can and we have almost one to one attach result.”

Nintendo already stated that the Switch is the company’s fastest-selling Nintendo platform to date. As covered last week, GameStop also appears positive about Microsoft’s upcoming Scorpio Project, Xbox Scorpio.

 

http://wccftech.com/gamestop-nintendo-switch-sales-hours/



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I hope this is because of a real demand and not the controlled understocking Nintendo has in place. Better have enough units by the time Splatoon 2 and Mario Kart 8 Deluxe come out.



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Darwinianevolution said:
I hope this is because of a real demand and not the controlled understocking Nintendo has in place. Better have enough units by the time Splatoon 2 and Mario Kart 8 Deluxe come out.

Well they broke some of their own records



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Darwinianevolution said:
I hope this is because of a real demand and not the controlled understocking Nintendo has in place. Better have enough units by the time Splatoon 2 and Mario Kart 8 Deluxe come out.

This seems like combination of understock and high demand currently, we already know Switch breaking multiply records in sales.



What date does the NPD come out? We should probably know how well it is actually selling and what are the exact records it broke.



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Gamestop is in trouble, so obviously they're having "a dramatic lift in traffic in-store" and talk about it even more than Nintendo themselves. "Game stores are still relevant! ". Everything is selling amazingly according to them, Switch, PSVR, even Scorpio...



animegaming said:
What date does the NPD come out? We should probably know how well it is actually selling and what are the exact records it broke.

Wow it beat the ps4? Amazing.  Definitely  did not  expect  that!

2.1mill units ww first week is a lot,let alone touple it.



 

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Am I the only one who doesn't believe a single thing Gamestop says anymore?



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Faelco said:

Gamestop is in trouble, so obviously they're having "a dramatic lift in traffic in-store" and talk about it even more than Nintendo themselves. "Game stores are still relevant! ". Everything is selling amazingly according to them, Switch, PSVR, even Scorpio...

Yup, they really want to convice people they are doing well.



This is great but I must admit for me personally I'm not convinced I need a Switch currently for the simple reason there is not a single game I'd want to buy mainly due to lack of games but also some games are not at a price point I see as realistic for the content. Hopefully I'll get on board sometime later either this year or maybe next year. I still feel there will be a large drop in hardware sales maybe after 4 million are sold in the same way as wii u.

Maybe I'm feeling a bit Nintendo negative after watching this video.

https://www.youtube.com/watch?v=PNb52uUheto