Nintendo Switch 2 sales fall 41% following console price increases
CNBC reports that the hardware decline came in Nintendo's fiscal second quarter amid soaring memory costs. Bloomberg reports a surprise quarterly profit drop, citing limited major game releases and rising component costs. Separately, Wccftech reports that half-year operating profit rose 49.1% to ¥216.5 billion despite a 12.1% decline in revenue.
- Half-year revenue totaled ¥966 billion, according to Wccftech.
Covered by 5 publishers within 6 hours of the first report.
- CNBC: Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite
- Latest Engadget: Switch 2 sales fell by almost 40 percent after Nintendo increased prices
Reporting5
Bloomberg Nintendo’s Profit Decline and Switch 2 Sales Slump Feed Concerns · Takashi Mochizuki
Wccftech Nintendo’s Switch 2 Sales Fell 41% In The September Quarter As Memory Costs Bit And Operating Profit Dropped 16%, Missing Analyst Estimates · Alessio Palumbo
Engadget Switch 2 sales fell by almost 40 percent after Nintendo increased prices · staff@engadget.com (Mariella Moon)
Quartz Nintendo missed on earnings as Switch 2 sales dropped sharply amid price hikes · Cris Tolomia