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javi741 said:

So Nintendo finally confirmed what we all were thinking, which was that semiconductor shortages this past quarter didn't really impact Switch sales so the drop in sales was largely due to a drop in demand which is expected. So seems like that Bloomberg report wasn't true. Now its gonna be interesting to see what Nintendo does now that demand is steeply declining.

https://www.cnbc.com/2023/02/07/nintendo-cuts-switch-sales-forecast-after-disappointing-holiday-season.html

Yeah they seem to say the holiday 2022 sales were weaker than they were expecting. System is getting old and reaching a LTD figure where market saturation is a factor, you kinda have to expect it at this point I think.