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Tuesday, July 30, 2019

Nintendo Switch sales are up, even with new models on the way

Quarterly sales for the Switch remained brisk for Nintendo’s most recent quarterly earnings. The number made a jump from 1.88 to 2.13 million units year over year. Modest, sure, but still solid for a console that’s getting slightly long in the tooth — especially given the fact that we’ve been aware a new versions are on the way.

Two were confirmed earlier this month, addressing concerns with the product. There’s the Switch Lite, a $200 version of the console ($100 less than the standard price) that swaps convertibility for portability and a unit with longer battery life. The arrival of both will almost certainly boost sales as the company heads into the holiday season.

With the new quarter factored in, Switch sales are now at 36.9 million for the life of the product. Nintendo, meanwhile, expects total unit sales to hit 18 million for the full year. In spite of positivity numbers on the console front, operating profit dropped ~10 percent year over year for the quarter.

The 3DS, meanwhile, while still alive, has unsurprisingly began a death rattle, slowing to 200,000 for the quarter. Still, it was a respectable life, with more than 75 million sold over the life of Nintendo’s previous portable. Farewell, 3DS, it was a good run.

Mobile numbers saw a nice 10 percent bump for the quarter, and Nintendo’s got plenty of solid titles lined up for the back half of the year, so likely most aren’t too concerned by some lackluster financials this time out.



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