Updated
Updated · CNN International · Nov 4
Nintendo Bets on Zelda Remake to Lift Switch 2 Sales After 34.4% Hardware Drop
Updated
Updated · CNN International · Nov 4

Nintendo Bets on Zelda Remake to Lift Switch 2 Sales After 34.4% Hardware Drop

3 articles · Updated · CNN International · Nov 4

Summary

  • Switch 2 hardware sales fell 34.4% year over year, pushing Nintendo to lean on a remake of 1998 hit “The Legend of Zelda: Ocarina of Time” for the holiday season.
  • About 24 million Switch 2 consoles have sold since the June 2025 launch, but Nintendo still needs fresh exclusives to persuade owners of the original Switch’s 156 million-unit base to upgrade.
  • Nintendo is pairing the game with a sold-out 40th anniversary Zelda-themed Switch 2 and broader franchise expansion, including a Zelda concert and movie planned for next year.
  • The bet comes as memory shortages lifted the Switch 2 price to $500 in September and US console hardware spending is down 9% this year, even as Nintendo’s gross profit rose 52% on movie-related income.
  • GTA VI looms as a rival launch, but analysts say Nintendo’s bigger challenge is sustaining an aging fanbase and selling premium-priced games in a market increasingly pulled toward free-to-play hits.

Insights

Can a modernized 1998 classic single-handedly save Nintendo's holiday sales amid a controversial console price hike?
Will the billion-dollar success of Nintendo's movie ventures eventually overshadow its core gaming business as hardware sales decline?