Nintendo forecasts Switch console unit sales of 18 million this year

Apr 26, 2019, 00:27

Super Smash Bros. Ultimate, which released in December 2018, is now the console's third best-selling title with 13.81 million total units sold. That racer's still the best selling Switch game, too, now at 16.69 million units sold. Last year, it sold 17 million units, below the 17.5 million that were estimated.

For the upcoming fiscal year, ending March 31, 2020, Nintendo has forecast Switch sales of 18 million units.

What the sources from Bloomberg couldn't nail down is the exact price - although they say it's cheaper than the current $299/£279 model - nor its exact specs, saying that the lite version of the console would be smaller and may lack the dock. Nintendo had initially forecast sales of 20 million units before Furukawa took up the role in June.

More news: Google Photos Starts receiving Support for Foldable Phones

The last time we left the Nintendo Switch, it was floating in the orbit of the Nintendo 64's 32.93 million lifetime sales: now, it has officially surpassed them thanks to a new financial report from Nintendo last night.

It expects operating profit to rise 4.1 percent to 260 billion yen ($2.3 billion) this year, well below an average analyst estimate of 342 billion yen, according to Refinitiv data.

However, contrary to previous rumors, Nintendo has since denied reports that it will announce a new console at E3 2019 (via Bloomberg).

More news: Mass. Democrats Criticize AG Barr - And Call On Mueller To Testify Himself

Unfortunately, the Switch's hardware performance ultimately did not meet analysts expectations, at just a 12.7% increase on the same period past year.

We may see a budget model Nintendo Switch in the coming weeks. Or, it states the company is "always working on hardware internally".

More news: No-deal Brexit 'simply insane — European Union commissioner

Loading...
loading...
loading...
YOU MIGHT ALSO LIKE
popular