Nintendo Switch Sales Are On The Decline, But The Console Has Hit


Nintendo has revealed its financial results for the previous nine months, ending on December 31, 2022, and while revenue did experience a dip across the board, the Switch reached a new milestone. Net sales were down 2% year-on-year to $9.4 billion, while mobile and IP-related income dipped by 2.3%, earning Nintendo $295 million from that section.

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. In comparison, sales of the Switch OLED model increased by 92.5% year-on-year, going from 3.99 million units sold the year before to 7.69 million units sold in 2022. As for the Switch Lite, it saw a 37% drop year-on-year, selling just 2 million units during this nine-month period. Combined, this accounts for 14.91 million Switch consoles sold during this window.