If I read the graph correctly, digital revenue also includes Nintendo Online subscriptions and paid DLC. That bumps the number up somewhat. So I think physical could be a bit higher than 65.4% still.

Worth bearing in mind that this is revenue and that Nintendo will receive more from a digital sale through their eshop than a physical sale at a retailer. So in terms of units it will be less than 34.6% digital.

I’ve been pretty bearish on MW, but this is an undeniable win for MW here. SMBWii was the first 2d Mario released on a home console in almost 2 decades, it had everything going for it. And as you correctly said it, MW was released in the Switch’s twilight. This is undeniable. I’ll take the L. 

1.2 billion software is impressive. But this does not include downloadable games only. I wonder how much the total could be. Given the Switch is popular for playing indy games, that often are download only I guess perhaps an additional.. 200-300million?

Do we have that slide that verifies the unit sales do not include digital only games? A certain poster on this site seems to still not believe this and when I posted proof, they claimed the link didn't work. Nintendo does include digital only games in the revenue but not the unit sales. So basically the income is accurate for all of Nintendo's business but the unit sales (1.2 billion) is not accurate because it does not include the digital only games.

Which Nintendo exec sold their soul to keep sales this high so late in the Switch's lifecycle?

I somehow forgot they were coming out late last night for me. I'll get the article up on the shipment figures then work on adjustments. Our gap between sold and shipped increased over the last quarter, so I'd say we have it somewhat undertracked. 

https://www.nintendo.co.jp/ir/pdf/2023/231108e.pdf

This is 1/2 year financial briefing presentation from Nintendo posted on November 8th.

Page 50 shows unit sales data and states on the graph. "Download only titles are not included"

@curl-6 Thanks for posting the thread on the Switch figures. I had a brain fart and thought they were going to be posted tonight for me and not last night. 

This all leads to likely pointing out that has usual, Nintendo software might have sometimes spike in their digital ratio at launch but this ratio usually gets to the advantage of physical since people buys more of them physical over the long period following it. So people going out and saying the Switch is about 40-50% digital ratio are pretty much to be wrong. 

This is the kind of stats that just also proves that Nintendo will adopt physical support for the Switch successor, for those who are worried of the contrary due the likely increase in game's size next generation.

Also the Pokemon DLC this November is probably a huge reason why the digital only content add-ons went up this quarter.