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Sephiran said:

Switch 1 software sales only declined 12 % year on year, even though Switch 1 hardware sales have collapsed year on year, which means that a lot of Switch 2 owners must be buying Switch 1 games to keep those Switch 1 software sales fairly steady.

That might be part of it but also the fact that software declines later than hardware. People who bought a Switch in 2025 make up a very small percent of the Switch install base, most Switch owners are people who bought one in 2017-2024.



When the herd loses its way, the shepard must kill the bull that leads them astray.