Nintendo quarterly sales update (To March 31st 2023) Switch 125.62 million

[javi741]

Tbh the Switch sales numbers were a bit higher than anticipated for me. I was expecting the Switch to sell below 3M for the quarter considering the fact that the sales for the system have been declining noticeably quarter after quarter and Nintendo might have overstocked during the holiday season when they anticipated more demand. But reaching 3M is still good for a 6 year old console and I'm happy to see the Switch still maintain good sales.

A 15M forecast year seems pretty reasonable, however I'd lean more towards an even lower forecast like 13-14M, which is the average sales decline we'd see in consoles well past their prime. Nintendo also not being overly ambitious with their sales forecast makes me speculate that their likely won't be a new model this year that'll have a major impact in sales.

In terms of games, not really anything new when it comes to sales, the Nintendo evergreens are still selling like crazy, I still can't believe Mario Kart 8 still sold over 8Million in this past fiscal year alone, 6 years after release as the game looks like its far from ever getting saturated. When you combine MK8 on Wii U & Switch the game sold 62 Million units. I could definitely sew MK8 outselling the 3rd bestselling game Pubg which is at 75 Million Sold.

Metroid Prime remastered sold 1.09M, I wish Nintendo advertised it more to give it a fair chance to show its true sales potential however instead of a relatively silent shadow drop. But still good numbers.

With this quarter, the Switch officially becomes the first Nintendo console I'm history to sell 1 Billion units of software, impressive accomplishment. The Switch now joins the PS2,PS4, and Xbox 360 in the 1 Billion software sold club.

Software sales this past fiscal year were down 9% YoY, which is notable because software is the primary driver of Nintendo's profits, and the faster software sales go down the faster we're more likely to see the Switch successor in the future.