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

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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.

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