Nintendo Switch 2 Sales Decline 41% Due to Price Increases and Memory Costs
Nintendo reported a significant decline in sales for its flagship Switch 2 console, with unit sales dropping to 2.67 million for the fiscal second quarter ending September 30. This represents a 41% decrease compared to the same period last year and a notable drop from the 3.82 million units sold in the previous quarter. The downturn is attributed to strategic price hikes implemented in major markets, including the U.S., Canada, and Japan. These increases were driven by rising costs associated with memory components, creating headwinds for consumer demand during the period.
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Topics: fiscal results gaming industry hardware sales price hikes
Part of the story Nintendo Switch 2 Hardware Sales Decline While Software Revenue Increases (2 articles)