it still has really strong hardware numbers for a console in its 7th market year (maybe best ever?)
I just now realized that the Switch was released six years ago, but it’s been on the market for seven
It really is time for a successor.
P.S. I really like your avatar,
@Truno ! Ahahhaha
Right but just looking at what we know of this CY so far we are seeing the Switch down 20-30% YoY in all regions, so I think they'd be hardpressed to justify a forecast above 14-15m, which is a number they likely will not hit anyway barring discounts/price cuts.
Plus another negative revision shouldn’t be taken lightly.
See that almost strikes me as the right time to introduce new hardware: when interest in the platform is high but hardware sales themselves are beginning to decline.
Word. It means the brand has momentum.
Software sales have also been in decline too though, and they had to revise their FY predictions on that front down as well, so it's declining faster than expected. Hence the reason for the return of the voucher program in NA.
Tears of the Kingdom will bump that up, but it will decline afterwards. There’s nothing as big as TOTK right after it. There’s Pikmin 4, but that isn’t as big as Zelda. Not big enough to give the decline in sales a breath of air.
If anything, a console reveal should happen after Zelda. Especially if the successor is backwards compatible AND could upres already existing games. Consumers would be more than happy to dig in now rather than later.
Also, we have to remember this isn’t just about hardware and software. It’s about profit as well. Nintendo knows their Net Revenues are gonna drop, but they had dropped more than expected:
“ The Kyoto, Japan-based company now expects revenue to decrease 5.6% to $12.06 billion for the fiscal year ending March 31, compared to its previous forecast of a 2.7% decline. Net profit is expected to drop 22.5% to $2.8 billion. Previously, it expected a 16% drop.”
Source:
https://venturebeat.com/games/nintendo-lowers-forecast-as-switch-sales-weaken/
That’s 6.5% more than anticipated.
Besides being in uncharted territory, they’re also in bad waters to be swimming at.
By the way, the attached article also mentions revisions of software forecast.
Advance Wars 1+2 Re-Bootcamp has unstable framerates. That's. A bad omen for Switch.
That’s preposterous and shouldn’t be happening
Especially for a game they’ve been sitting on for so long.
2. Expand the Switch family with a new more powerful piece of hardware that will keep the enthusiast happy but is squarely a switch and the branding will stay that way. There will be very few exclusives for this but will get the occasional 3rd party game. This keeps the Install base very high for the next 3-4 years.
Nintendo usually releases new hardware in their console’s fifth, sixth year. This is really uncharted territory with a console in its seventh year, with no successor in sight. I really doubt they’d like to add a year or two to a seven year old console that’s declining in hardware and software sales. A tech upgraded revision would just add a couple of sales. Maybe 5-15 million. Nintendo needs to start thinking of the next five years, not 12-24 months. Like previously mentioned, Nintendo was expecting a reduction in their Net Sales, but they had to adjust to the fact that the reduction was 6.5% more than anticipated.
3. Stick with current hardware till the wheels fall off.
Problem is, they’re already falling off.
I do not live in EU land! Lucky! But glad it’s back.
(I have yet to use a voucher)
Tears of the Kingdom is gonna be my first time using it hahahaha
It's the evergreens. Software sales are good because Nintendo keeps making games people want to play. Hardware sales are good because people want to play Switch games. But Mario Kart sales are dropping.
That's because new hardware sales aren't expanding the install base. They're being driven by second systems/replacements. Which means a decent chunk of new hardware sales would jump to a comparably priced, backwards compatible successor. And that Nintendo can squeeze the last of the software sales out of the Switch install base with cross-gen titles. They don't need to keep the Switch as the primary platform to sell Switch games.
Correct. They’re gonna have the usual “Switch ecosystem” jargon until they’re further into the Successor’s first or second year and then forget the Switch exists. They’ll then release a Lite revision to push households to have more than one Redacted at home
It suggests that buyer uncle went to his manufacturer/wholesaler contacts to enquire about the release timing, and got some intel that got him excited.
“Please be excited”