Nintendo Switch seems to have passed its peak: fifth fewer game consoles sold | Tech

Nintendo sold nearly eighteen million Switch consoles in the past year. That is 22 percent less than a year earlier. Nintendo previously pointed to chip shortages, but the popularity of the Switch is also waning.

In the past year, which ran until March 2023, five million less game computers were sold than a year earlier.

Nintendo already knows this from the chip shortages in the summer of 2022, which meant that the company could produce fewer game computers. But there is also less demand for the Nintendo Switch, Nintendo president Shuntaro Furukawa notes. “It is becoming increasingly difficult to maintain the momentum of the past seven years.”

With this, the Nintendo Switch seems to have passed its peak in terms of sales. Meanwhile, Sony is selling more and more PlayStation 5 game computers.

Nintendo’s turnover fell by 5.5 percent to 11.4 billion euros and net profit fell by 9.4 percent to 2.9 billion euros.