Nintendo Will Reveal Successor To Switch By End Of March 2025
Japan’s Nintendo stated on May 7 it aims to make an announcement regarding the successor to its long-lasting Switch platform during the financial year ending March 2025.
With popular games like The Legend of Zelda: Tears of the Kingdom, Nintendo has prolonged the life of the Switch gadget, but the market is more concerned about the likelihood of a seamless upgrade to next-generation technology.
The Kyoto-based gaming business stated that, in an effort to squeeze out more sales from the aging device, it anticipates selling 13.5 million Switch consoles in the current fiscal year.
10 popular games available on Xbox Series X console
After announcing that there will be no disclosure at its June Nintendo Direct presentation, Nintendo withheld any additional information regarding new hardware.
According to Serkan Toto, the founder of the Kantan Games consultancy, “many users will now hold off buying the current Switch as they know that the new model will come out some time in 2025.”
Also read: GTA 6 Launch Could Take Place In Early 2025, Suggests Leak
Since its March 2017 launch, Nintendo has sold 15.7 million units of the hybrid home-portable gadget. In February, Nintendo increased its projection for the entire year to 15.5 million units.
The company has made small adjustments to its Switch devices; as a result, sales of the OLED model have increased annually, despite a yearly fall in overall hardware sales.
This year, Nintendo anticipates a 25% decline in operating profit to JPY 400 billion ($2.6 billion, or approximately Rs. 21,713 crore).
With titles like Paper Mario: The Thousand-Year Door and Luigi’s Mansion 2 confirmed for the successor device later this month and June, respectively, the business is perceived as having a limited pipeline because it is holding back heavy-hitting titles.
This year, Nintendo anticipates selling 165 million software units, a 17 percent decrease from the previous year.
Nintendo President Shuntaro Furukawa responded, “The development of games has become more sophisticated, long term, and complex,” when asked how the market has evolved since the release of the Switch.
Operating profit increased by 4.9 percent to JPY 528.9 billion in the year that ended in March.
After a recent sell-off, Nintendo’s shares are up 5.4 percent this year and closed up 2.4 percent ahead of earnings.
“Fiscal 2026 is a very late launch window for new hardware,” stated Toto.
Post a Comment