Nintendo Switch 2 Sales Plunge 41% to 2.67 Million as Price Hikes Lift Costs
Updated
Updated · CNBC · Nov 5
Nintendo Switch 2 Sales Plunge 41% to 2.67 Million as Price Hikes Lift Costs
2 articles · Updated · CNBC · Nov 5
Summary
2.67 million Switch 2 units sold in Nintendo’s fiscal second quarter, down 41% from a year earlier and below the 3.82 million sold in the prior quarter.
Price increases in the U.S., Canada and Japan hit during the quarter after Nintendo had already raised the console’s price in Japan earlier this year.
Soaring memory costs drove the hikes, linking higher component expenses to the sharp slowdown in sales of Nintendo’s flagship console.