Nintendo's latest financial report for Q1 2023 (April – June 2022) has been released, and Switch sales have just surpassed 111 million.
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However, as with the previous quarter, there was a year-over-year decline in sales. Citing the ongoing semiconductor shortage — and comparing this quarter's major releases to the same quarter last year — Nintendo reports a 22% decline in the latest quarter.
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However, the company says that demand for the console is stable across all regions and the outlook looks a little better for semiconductors . Nintendo believes that the situation will gradually improve from late summer to early fall, which is expected to boost console production .
The console still sold 3.43 million units, with four titles selling over a million units each this quarter — Nintendo Switch Sports (4.84 million), Mario Strikers: Battle League (1.91 million), Kirby and the Forgotten Land (1.88 million), and Mario Kart 8 Deluxe (1.48 million) — helping to boost the numbers.
Let's break that 3.43 million down a bit more:
- Total Standard Switch sales this period: 1.32 million
- Total Switch OLED sales this period: 1.52 million
- Total Switch Lite sales so far: 0.59 million
So, despite the year-over-year sales decline, things still look solid for Nintendo and the Switch.
Information source: nintendolife.com
