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RolStoppable said:

UPDATE: February 3rd, 2022

Switch family - 103.54m (+10.68m this quarter)
-Switch - 81.68m (+5.34m)
-Switch Lite - 17.87m (+1.35m)
-Switch OLED - 3.99m (NEW)

The most recent quarter fulfilled the expectations from the previous writeup. Switch has passed the 100 million mark and is now fifth on the list of the best-selling consoles of all time. It's on pace to move into third place by the end of calendar year 2022 with an additional chance of becoming the first Nintendo console to crack the 1 billion mark in software shipments.

The only negative news is that the semiconductor shortages persist and as a result Nintendo made another downward revision to their hardware forecast, now at 23m. On the other hand, software got adjusted up again, now expected to hit 220m.

Switch's biggest area left for growth (Europe) has responded well to the price adjustments from last fall, so declines in other markets, namely Japan, can be offset in the foreseeable future. Switch will turn five years old in a month and there's no successor in sight. The software pipeline going into year 6 is looking better than for any Nintendo system before it, so the pieces remain in place to make a run for the title of best-selling console of all time.

That said, it's still impressive that their downward revision was due to shortages and not demand. Looking at the stores around me, most of them are sold out of all Switch models aside from one color variant of the Switch Lite. Demand is still very high for the console, so it is possible we could actually see an almost flat year IF they fix the shortages. 

I don't think they'll have a flat year. I think they'll be down 10-15% personally. But I acknowledge it's possible.