So Switch shipped 2.47M this quarter?

Yes, I think so.

It is down YoY by .46m.

So despite sales to consumers being up year over year in both Japan and the US across January to March, Nintendo shipped fewer Switch units than the same quarter last year, when shipments were ~2.9 million - versus 2.47 million this year. Suggests retailers had some stock left from the huge Christmas shipments. You'd hope Nintendo learn their lesson and go for a more balanced sales curve this financial year. If the rumours are true and a hardware revision is coming in June with Mario Maker 2, then they should have stronger sales leading up to the Christmas season - especially if they get their hardware revision out in early June, giving a good boost to Q1 shipments and sales. If Mario Maker, Animal Crossing, Pokemon and hardware revisions are coming this year, you'd also expect them to exceed their 18 million target for the next FY.

Pokemon Let's Go software shipments were towards the lower end of the 'evergreen' titles - 600,000 units this quarter, so may not have the legs we expect from Pokemon - though it's probably going to sell similar amounts to third versions/remakes/sequels, and it is ultimately a remake. Compare that to Nintendo's other evergreen titles and it shipped slightly less than Super Mario Odyssey (~700,000 units) but more than Splatoon 2 (430,000 units). Impressively, Breath of the Wild shipped just over 1 million units this quarter, so continues its recent run of stronger quarterly sales than Mario. Super Mario Party shipped 1.1 million, another good result. Kart 8 DX shipped another 1.7 million copies - only slightly below Smash Ultimate's 1.8 million for the quarter.

Sounds weird, I mean in USA and in Japan Switch is up YoY... Could it be that Switch is down YoY so much in Europe and RoW?

As I say often with PS4 shipments, it is probably just a high stock situation. Switch was booming during the holidays and then it dropped off too hard, even if it is selling well or better than last year, extra shipments weren't needed.

.46m isn't much in the long run anyways.

Damn it, you're right. So, Nintendo is more soft with projections this year due to these Q4 shipments, right?

Can't believe they are only projecting 18m for the coming fiscal year. Their software for the next 12 months is so much stronger than last year's. Last year they had this weird strategy that they'll save all of their big guns until the end of the year and have software draughts in the meantime. This year we have a little mini-draught right now, but once June 28 hits, then it is going to be solid titles one right after another.

Nintendo doesn't even know how to evaluate their own software. They overprojected last year and now they are underprojecting. It's disappointing. They are probably going to be massively short supplied during holdays.

It's not necessarily Nintendo's fault, though. It could just be that retailers ordered too many during the holiday season, expecting even more hype from PLG and Smash.

Ninty blew software projections for switch while hardware was way off. Now they are under-projecting and hoping they blow past that. We'll see what happens though. And regarding third parties, I don't think we have to worry so much since the games it's getting aren't triple A anyways and since 3rd parties sell well on the switch and it'll have more hardware than xbone by next year, I think the third party support will be alright. And we've seen that third parties continue to support the previous gen for 2 years after the new ones come out because the new ones don't have as much hardware to sell as much software. The switch has a much stronger case for third party support than any ninty console in a long time

Perhaps they are playing it safe and see how April - September go then they can increase it.