Key Takeaways
1. Nintendo’s Switch 2 sold 10.36 million units from launch on June 5 to September 30, exceeding sales expectations.
2. The company raised its full-year sales forecast for the Switch 2 from 15 million to 19 million units.
3. The Switch 2 is currently outpacing the PlayStation 5 in sales since its launch.
4. Nintendo anticipates the Switch 2 will be more successful in its first year compared to the original Switch.
5. Sales of the original Switch have dropped by 60% year-on-year, leading to a reduced forecast of 4 million units for that model.
Nintendo has unveiled its financial report for the first half of fiscal year 2025, which concluded on September 30. The findings indicate that the demand for the Switch 2 is remarkably higher than Nintendo had expected. To provide some background, the company had previously minimized estimates for initial Switch sales and did not meet its target of 10.5 million units for the Wii U.
Strong Sales Figures
In a significant contrast, Nintendo reports selling 10.36 million Switch 2 consoles from its launch on June 5 until September 30 (currently priced at $449 on Amazon). For perspective, it took the company around two and a half years to achieve this sales figure with the poorly received Wii U.
Revised Sales Projections
Due to this success, Nintendo has upped its full-year sales forecast for the Switch 2 from 15 million to 19 million units. For comparison, the PlayStation 5 (PS5) surpassed 17 million units by its first anniversary, having sold 7.8 million units about five months after its global launch. Therefore, at this time, the Switch 2 is clearly outpacing the PS5 in sales.
Future Outlook
Currently, Nintendo expects that the Switch 2 will be even more successful than the original Switch in its inaugural year, which sold 14.86 million units during that time. Not unexpectedly, sales of the original Switch have been declining, with Nintendo reporting a 60% drop year-on-year to 1.89 million units. As a result, the company has reduced its hardware forecast for the older model to 4 million units, while increasing software projections from 105 million to 125 million. This increase is likely attributed to the backward compatibility with Switch 2 games, and the fact that Mario Kart World has already sold 9.57 million units.
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