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Discussion Bloomberg: The existing Switch will be Nintendo’s “main business” heading into 2024, Plans for the next fiscal year will be shared at the next meeting

meatbag said:
Or just the same Switch

Pls don't kill me
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lmao

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Also, "heading into" could also mean that the February Direct will feature titles for the first half of the year. while at some point we'lll get a presentation with the successor and its software
 
meatbag said:
Or just the same Switch

Pls don't kill me
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shrek-pitchfork.gif
 
Dark Cloud said:
Same thing if it doesn’t launch until September. Furukawa just making sure he’s technically right.
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Furukawa would also be right even if Switch 2 launches in June and is part of the Switch family. Not exactly lying in that sense I guess
 
Yeah the way I read this it really seems like Switch2 is going to be out later this year. I feel like if they weren't releasing hardware this year they wouldn't feel the need to specify switch would be their "Main" focus "Heading" into 2024.

I really hope it's mostly a beefed up switch with better Joycons aka Joycons minus the drift.
 
Patience people, time is flying so quick (The fact we already 1 week into February tomorrow is nuts), I have a gut feeling it will be announced/revealed next month.


Soon enough, we will have a trailer similar to the iconic Nintendo Switch reveal.




For now, let's focus on the next week for the Full Fat General Direct 👀
 
Thinking more on this, I was really certain they'd reveal Switch 2 by the end of March to give themselves a big end of financial year boost, but I wonder if they'll hold off a bit longer and wait until April/May. Switch 1 is still selling really well, and I saw someone point out they have Golden Week in Japan during that period. Maybe they're aiming to eek out as many sales as possible before they pull the trigger. Waiting until Switch becomes the best selling console in Japan (which it is very close to now) seems like a nice milestone to hit before the new one is announced.
 
Ozzie said:
Patience people, time is flying so quick (The fact we already 1 week into February tomorrow is nuts), I have a gut feeling it will be announced/revealed next month.


Soon enough, we will have a trailer similar to the iconic Nintendo Switch reveal.




For now, let's focus on the next week for the Full Fat General Direct 👀
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I'd like the Switch 2 reveal trailer to start with this one, and then they remix it and enter the successor!
 
I saw May a lot, but wasn't Nintendo always not on April ?
I even remember 3DS been revealed in April where everyone though the stereoscopic without glasses was a 1 april fool joke.
 
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These exceptional and dazzling revelations change the game completely. Until now, we thought that Nintendo wouldn't communicate about its next console until the end of the current fiscal year, and would then release the console, probably at the end of 2024.

When, in fact, it's nothing of the sort: Nintendo is not going to communicate until the "next meeting" and is expected to release a new model in late 2024.

I'm still in shock.
 
Indeed, "heading into" is doing a lot of heavy lifting. What it means is that going into 2024, Switch 1 has been their main revenue and profit platform. This is a factual statement, not a forecast. And it's a nothing statement because everyone knew it already. Mobile gaming isn't it, and the 3ds is already dead.

Pure corporate speak here, nothing to be gleaned either way imo.
 
Bonejack said:
The movie business is about to die young with that live action Zelda movie, don't worry. It's back to consoles and theme parks, two pillars.
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Depending on how much awareness of the film industry Nintendo has, they might be learning as they go. The Mario Movie was a weird beat to start on given Illumination's track record and the fact that the film... didn't really work as a film but rather a strange rollercoaster ride for Nintendo fans but not really for critics. It panned out in the end, but we might see slight changes in their approach as time goes on because this is still a new business to them.
 
NintenDuvo said:
Wow so they really going to potentially make us wait all the way until May??? What's so hard about saying we have plans to release a successor this calendar year.
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Eh if they say it or not it won’t Rush the announcement. I just want it to be announced lol
 
"Heading into 2024" is like "heading into water", but they don't say how far or deep they're getting into. 😏

They can reveal their next fiscal year plans in may, but they never stated the reveal trailer is around that time aswell.
The trailer can be in March, and an event around May, so they are true to their word.
 
NintenDuvo said:
Wow so they really going to potentially make us wait all the way until May??? What's so hard about saying we have plans to release a successor this calendar year.
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Nintendo ain’t making nobody potentially do anything.
Come down from the ledge, it ain’t safe!😂
 
The revelation will not be in March in my opinion. They will let the fiscal year end quietly and try to sell as many Switch 1 as possible. As someone else pointed out, they are really close to the sales record in Japan.

The positioning of Princess Peach Showtime in March confirms this. This is the last major game that will be released before the announcement of the new material, it is a new license that capitalizes on the success of the Mario movie. This is strategic and important, Nintendo does not launch a new series every day and it is also a series that materializes their IP development strategy.

I think the Switch 2 will be formalized in May at the next financial meeting, that’s almost what Furukawa just said. With a big presentation planned for June.
 
boodream said:
The revelation will not be in March in my opinion. They will let the fiscal year end quietly and try to sell as many Switch 1 as possible. As someone else pointed out, they are really close to the sales record in Japan.

The positioning of Princess Peach Showtime in March confirms this. This is the last major game that will be released before the announcement of the new material, it is a new license that capitalizes on the success of the Mario movie. This is strategic and important, Nintendo does not launch a new series every day and it is also a series that materializes their IP development strategy.

I think the Switch 2 will be formalized in May at the next financial meeting, that’s almost what Furukawa just said. With a big presentation planned for June.
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Nintendo has the sales record in Japan now
 
NintendoMariah said:
interesting to see what the March rumblings will be about
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Remember that the Game developer's Conference is in Mon, Mar 18, 2024 – Fri, Mar 22, 2024. This would explain why gamescom devs who were shown the targeted specs in August were mentioning March. Nintendo wants to show more behind closed doors.
 
boodream said:
The revelation will not be in March in my opinion. They will let the fiscal year end quietly and try to sell as many Switch 1 as possible.
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It's possible. Ultimately no one knows how Nintendo will handle it.

boodream said:
As someone else pointed out, they are really close to the sales record in Japan.
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They already have it, in fact.
boodream said:
The positioning of Princess Peach Showtime in March confirms this. This is the last major game that will be released before the announcement of the new material, it is a new license that capitalizes on the success of the Mario movie. This is strategic and important, Nintendo does not launch a new series every day and it is also a series that materializes their IP development strategy.
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Princess Peach is a small time game. Nothing you would delay your next gen reveal plans over imo.
boodream said:
I think the Switch 2 will be formalized in May at the next financial meeting, that’s almost what Furukawa just said. With a big presentation planned for June.
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I disagree that Furukawa 'almost just said' this. When someone asks 'what are your plans for the coming fiscal year' at the Q3 earnings, you would kindly point out to them that the forecast for the next fiscal year will be given in May, not in February. None of that suggests that Nintendo won't reveal the system before that (in fact, one might expect them to have revealed the next system so that their financial forecast is more believable).
 
Let’s see what Nate has to say. He has new Switch 2 information dropping today or tomorrow. For all we know he may know what’s happening in March.
 
Switch successor will have the shortest time between initial announcement and launch no matter what but damn, May reveal and November launch sounds simply crazy. Even Switch 1 launched 11 months after the announcement.
 
Zedark said:
1) It's possible. Ultimately no one knows how Nintendo will handle it.


2) They already have it, in fact.

3) Princess Peach is a small time game. Nothing you would delay your next gen reveal plans over imo.

4) I disagree that Furukawa 'almost just said' this. When someone asks 'what are your plans for the coming fiscal year' at the Q3 earnings, you would kindly point out to them that the forecast for the next fiscal year will be given in May, not in February. None of that suggests that Nintendo won't reveal the system before that (in fact, one might expect them to have revealed the next system so that their financial forecast is more believable).
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1) Absolutely. Nobody knows. That’s why it’s fun to discuss and speculate about it, right?

2) As I said, I’ve seen the numbers in the meantime. It’s impressive.

3) I’m not talking about delaying anything at all. I don’t think there was any communication on the next material in the current fiscal year. Peach is not Mario Kart 9 of course, but that doesn’t mean it’s a game that Nintendo doesn’t care about, for the reasons I already mentioned in the post you’re answering.

4) Personally, I think his answer this time contains a little more than the usual "no comment, please understand", because it suggests that announcements will be made at this next meeting. We’ll see. I’m glad to see you’re enjoying speculating as well.
 
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9-Volt said:
Switch successor will have the shortest time between initial announcement and launch no matter what but damn, May reveal and November launch sounds simply crazy. Even Switch 1 launched 11 months after the announcement.
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Unless you’re referring to its NX code name and such, the Switch was officially announced on October 16th, 2016. That’s less than five months before launch. Then it had its major unveiling and release date announced in January 2017.

So what they’re doing here with Switch 2 really isn’t that different.
 
I don't think they'll release a trailer before mentioning it on a meeting which would put it in May at the earliest.

Unless they just officially drop it on Twitter(I mean Switch did that, right? The announcement that it was coming in March 2017 and that BotW would also release on it) "The next generation of Nintendo Switch is coming this holiday! Stay tuned" and then announce the trailer later in March.

A "tune in tomorrow for the first look on the next generation of Nintendo hardware" in March already would be the dream but I don't know how likely that would be. Nate knows something for march so I hope it's that.

My current prediction is officially mentioned in March, first trailer in May, Direct/Presentation in June/July, release in September(they release it before the holiday season to gain time for stock and stuff).
 
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Rareware said:
Unless you’re referring to its NX code name and such, the Switch was officially announced on October 16th, 2016. That’s less than five months before launch. Then it had its major unveiling and release date announced in January 2017.
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Yeah, I'm referring to that April announcement. It still is a legit announcement, they literally revealed the release month of the next console.

Right now Nintendo has made zero acknowledgement about the next generation of Switch. They still can make something like above before dropping the reveal trailer. Like they did with DS and 3DS in the past.
 
The existing Switch will be Nintendo’s “main business” heading into 2024, President Shuntaro Furukawa said on a conference call after the earnings report. The company’s plan for the next fiscal year will be shared at its next earnings briefing, he added.
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This quote does suggest they plan to at least announce Switch 2 around March /April when FY 2024 closes and they talk abotu the next FY

We don't have any visibility on timing of the launch however, and for the doomers out there, 2025 launch is still possible. But I feel very unlikely.
 
9-Volt said:
Yeah, I'm referring to that April announcement. It still is a legit announcement, they literally revealed the release month of the next console.

Right now Nintendo has made zero acknowledgement about the next generation of Switch. They still can make something like above before dropping the reveal trailer. Like they did with DS and 3DS in the past.
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Yeah that’s true. And you’re right, definitely shortest window they’ve ever had from announcement to launch. Can’t say I blame them though. They probably want to get as much out of the Switch as they possibly can because the moment they announce the new hardware sales will likely start to decline as people will be ready to move on and just wait it out.

It’s insane that it has sold what it has without a single price drop.
 
Two differences between Switch and Switch 2 that explain why using the Switch "timeline" doesn't necessarily work here:

1. They had to appease investors after their announcement of developing games based on their IPs for mobile phones.

2. The Switch was a massive change for Nintendo systems. It was more of a "Revolution" than the actual Revolution-codenamed Wii. So they had to sell people the idea.

Neither of those points are a concern for Switch 2.
 
"Last year, however, it fell behind Sony Group Corp.'s surging PlayStation 5, which became the best-selling console in the US, according to Circana. Microsoft Corp.'s Xbox division also gained a big hit in January with Palworld, a game drawing inspiration from Nintendo's Pokémon franchise, which has attracted millions of players to the Xbox Game Pass subscription service."

This bit cracked me up because you can tell the author wanted to offset positive Switch sales news with some doom and gloom but they were really struggling to come up with spin for Microsoft lol. Microsoft's console sales for last quarter weren't great and the their forecasted sales are looking grim so obviously presenting that in the article wouldn't accomplish that the author wanted to present.
 
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