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Nintendo Co. is gearing up for record software and Switch sales in the coming year, a much stronger performance than investors are projecting, according to the company’s partners and suppliers. Kyoto-based Nintendo is planning for sales of its signature Switch game console to be flat or slightly higher in the fiscal year ending March 2022, boosted by the introduction of a version with an OLED display, according to executives at allies including component suppliers, software publishers and retailers.
Unannounced software lineup
Hardware revision
Rising software sales
Should make for an interesting next Direct and bodes well for the Switch line-up for the second half of this year and beyond.
Much more at the source: Bloomberg
Unannounced software lineup
A series of marquee game releases is expected to drive software sales next fiscal year to 250 million units, far more than the record 205 million units forecast for the current year, according to the partners and suppliers, speaking anonymously as the plans are not public.
The company makes some of the biggest blockbuster games on its platform, which contribute significantly to profit and also spur hardware adoption. Much of this year’s lineup of new games remains unannounced.
Hardware revision
Nintendo plans to release a revised version of the Switch in the latter half of this year with a larger and better display as well as upgraded graphics when the hybrid console is plugged into a TV set. Nintendo’s ability to fulfill demand for the Switch will be challenged by the same global chip supply bottleneck that has troubled its rivals.
Rising software sales
Makers of NAND flash memory -- the media on which packaged Switch software is sold -- are preparing more units for the coming fiscal year than they supplied in the current one, the people involved in the supply chain said. Software developers similarly are prioritizing the Switch for their upcoming game releases as the console is almost certain to surpass the 100 million units sold threshold, assuring a large audience of potential customers
Should make for an interesting next Direct and bodes well for the Switch line-up for the second half of this year and beyond.
Much more at the source: Bloomberg