Nintendo's earnings report for the 1st quarter of the fiscal year ending March 31st 2024 has been published, this covers the three month period from April 1st to June 30th 2023. The Nintendo Switch shipped 3.91 million units of hardware and 52.20 million units of software bringing lifetime totals to 129.53 million for hardware and 1088.35 million for software.
Year over year quarter 1 hardware sales are 14% (0.48 million) up from 3.43 million and software sales are 21% (10.79 million) up from 41.41 million.
Two titles sold over 1 million units this quarter - New release Legend of Zelda: Tears of the Kingdom (18.51 million) plus evergreen juggernaut Mario Kart 8 Deluxe (1.67 million).
Nintendo maintain their forecast of 15 million units of hardware and 180 million units of software shipped for the fiscal year ending March 31st 2024.
Hardware
Switch Hardware Q1: 3.91m
Regional Split Q1: Japan 1.20m, America's 1.18m, Europe 940k, Other 580k
Model Variants Q1: Standard 640k, Lite 430k, Oled 2.83m
Switch Hardware Total: 129.53m
Regional Split Total: Japan 30.79m, America's 50.18m, Europe 33.53m, Other 15.02m
Model Variants Total: Standard 90.23m, Lite 21.45m, Oled 17.85m
Global Shipment History
Software
Switch Software Q1: 52.20m
Regional Split Q1: Japan 9.02m, America's 22.71m, Europe 13.32m, Other 7.16m
Tie Ratio Q1: 13.35
Switch Software Total: 1088.35m
Regional Split Total: Japan 209.18m, America's 478.97m, Europe 314.23m, Other 85.97m
Tie Ratio Total: 8.40
Global Shipment History
A couple of things to note, For first time in Switch's history the America's region did not ship the most hardware units in a quarter and This was Switch's best Software total ever in Q1.