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It was reported a few weeks ago that Nintendo recently raised their PRODUCTION forecast for the fiscal year to 25 million. Given that units produced this year won’t necessarily ship, that would make a sell through of more 25 million unlikely.

Personally, I think it’ll come in at just below that number. That said, WITHOUT production limitations, I think 26 million would be a reasonable number: 10 million for the first half of the year, 12 million during the holidays, 4 million in the final quarter.