Company Doubles Production Order to 16 Million
- Author: Carolyn Briggs Mar 20, 2017,
Mar 20, 2017, 5:15
It looks like Nintendo hit a home run with the Nintendo Switch as demand and clamor for the handheld-console hybrid shot up the charts, forcing Nintendo to double their initial planned production for this year to meet the public demand, Wall Street Journal reports. However, the original Wii sold 17 million units in the first year, after the holiday launch and Switch has not even gone through a holiday yet.
Sources suggest that Nintendo now believes they can sell "more than 10 million units in the next fiscal year, following a launch month in which it expects to ship 2.5 million units".
The machine apparently remains relatively hard to source in the USA, while in the United Kingdom it seems as if stocks are certainly running low.
The number was calculated by adding together the estimated 500k United States sales, 360k Japanese sales and data from across Europe. The customer enthusiasm and response we have seen so far has been incredible as we continue to sell through our supply of systems. Shares in Nintendo jumped almost three percent in less than an hour in Japanese trading immediately following the WSJ report, to ¥25,580 per share, showing market excitement over Nintendo's increased faith in its hardware business.
Retailer GameStop, however, has confirmed to CNET that it's getting more Switch systems in, starting March 22.
The latest episode takes the teams to a local boxing gym to compete in the upcoming Nintendo Switch multiplayer fighting game ARMS.
Still, those grievances are nothing compared to the odd amounts of joy I got from disconnecting the Switch from its dock and playing it around my house.
Nintendo is expected to release its earnings for the current fiscal year by April 27. Hungry for Nintendo Switch footage?