How well is the Switch doing?

A recent finding has shown that the console did even better than we once thought. Unlike with the Wii-U before it, Nintendo must have done something right with the Switch - it's still selling well, now topping 111 million units sold, with demands still high.

Is the Switch selling well?

Nintendo's third quarter earnings report shows that the Switch, Switch OLED, and Switch Lite achieved 8.2 million combined unit sales between October 1st and December 31st in 2022, bringing the total lifetime unit sales for the console to 122.55 million since it was released in 2017.

How successful is the Switch?

Overall, Switch has reached 994 million games sold, more than any other Nintendo console (thanks, presumably, to its thriving digital marketplace). When Switch launched six years ago, few predicted the platform — based on hardware that was then already quite dated — could attain this level of success.

Is the Nintendo Switch declining?

Nintendo sold 5.22 million base Switch console units during this period versus 11.79 million during the same period the previous year, a 55.7% drop year-on-year according to its briefing.

Is the Switch a successful console?

As of December 2022, all Nintendo Switch models have sold over 122 million units worldwide, making it Nintendo's best-selling home console and the third-best-selling game console of all time, behind the PlayStation 2 and Nintendo DS.

Where to Start: Nintendo Switch

Is Switch more powerful than PS5?

There's an elephant in the room when you compare these three consoles that we'll address head-on - the Nintendo Switch is far less powerful than the PS5 or Xbox Series X.

How many years will the Switch last?

As I discussed with former Nintendo president Reggie Fils-Aimé, the Switch seems due for some sort of upgrade... but according to Nintendo, the Switch's life cycle could be as long as 10 years.

Is Switch more popular than PlayStation?

Switch sales have officially surpassed those of the Game Boy and the PlayStation 4—two of the world's most popular video game consoles. Nintendo has sold 122.55 million Switch consoles since the system's debut back in March 2017.

How is Nintendo doing financially?

Nintendo has released its financial results for the nine months ended December 31, 2022, and experienced a slight dip across the board, despite healthy software and Switch OLED sales.

What was Nintendo's downfall?

The company explained that the sales decline was in part due to the shortage of semiconductors that affected production.

Is Switch a good investment?

Valuation metrics show that Switch, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of SWCH, demonstrate its potential to underperform the market.

Was the Switch sold at a loss?

Unlike other console manufacturers, Nintendo sells the Switch at a profit. In fact, it gets most of its revenue from hardware sales, with $33.16 billion (or 55%) of that $60 billion coming from consoles.

What is the #1 Switch game in the world?

By December 2022, over 122 million Switches with 994 million copies of games had been sold for the platform. Mario Kart 8 Deluxe is the best-selling game on the platform at over 52 million copies sold. The Mario franchise alone has sold 182.69 million copies on the Nintendo Switch.

What is Nintendo's least successful console?

Nintendo went from its least successful console ever in Wii U, to its most successful console in Switch. That is what is most incredible about this. Now that Switch has passed Wii and PS1, the next system up is PS4. That is inevitable in 2022, just a matter of time.

What is the highest selling console ever?

Sony's PlayStation 2 has long reigned as the best-selling video game console of all time. PS4, despite its massive sales success, ended its run roughly 40 million units behind its older sibling.

Does Nintendo have no debt?

Looking financially, Nintendo and Disney couldn't be any different. Disney has over $48 billion in debt and $11.6 billion in cash on its balance sheet, while Nintendo has zero debt and a cash position of $11.4 billion.

Why is Nintendo stock dropping?

Nintendo's American depositary shares dipped Tuesday after the Japanese videogame titan cut its expectations for Nintendo Switch hardware and software sales. It's the latest videogame firm to lower its expectations for the coming months.

Will the Switch beat the PS4?

As a matter of fact, its Switch console has now dethroned Sony's PS4 as the best-selling console of its generation. In its latest earnings call, Nintendo announced that it sold 8.23 million Switch consoles in the last quarter, taking its lifetime sales to 122.55 million units.

What is the most selling game on Switch?

With 52 million units sold, Mario Kart 8 Deluxe was the top-selling Nintendo Switch game based on lifetime sales as of December 2022. Animal Crossing: New Horizons ranked second with over 41.59 million sales, which is even more impressive considering that the title was only released in 2020.

What platform do most gamers use?

The world's biggest mobile platforms are Android, iOS and Samsung, respectively sharing 72.44%, 26.75% and 0.41% of the global market between them. That would seem to settle the question: Android mobile is clearly the most popular gaming platform.

Will a Switch 2 happen?

Nintendo's official line remains that it has “no plans for launching any other model at this time.” So the jury is still out. Indeed, some of the same sources which were certain that the Switch 2 would hit shelves in 2021 reported that a premium variant wouldn't be seen until the end of 2022.

How long will Switch OLED last?

For Nintendo Switch – OLED Model, model number: HEG-001 [product serial number begins with "XTW"], the battery life is approximately 4.5 to 9 hours.

How is the Switch so powerful?

The Nintendo Switch isn't powered by magic. It uses an off-the-shelf Tegra X1 chip, announced in 2015 and otherwise best known for powering the Google Pixel C tablet and Nvidia's own Shield Android TV box.