Nintendo's flagship Switch 2, the successor to one of its most popular consoles, went on sale on Thursday. Excitement and hype from fans has led to special store opening hours and shortages in some markets, including Japan.
CNBC stood in two lines today: one for discounted rice, and one for Nintendo's newest console, Nintendo Switch 2. Kaori Enjoji talks prices, and pricing pressures.
Nvidia CEO Jensen Huang detailed the capabilities of Nintendo's new Switch 2 console. The long-awaited device is set to hit store shelves on June 5 and is priced at $449.99.
Nintendo Co., Ltd.'s FY 2025 sales and profits dropped as Switch 1 ages, but these numbers should not be relevant in the current context. FY 2026 guidance seems conservative, but it's normal to see margins drop initially. Management reaffirmed supply capacity that provides some upside to NTDOY guidance.
Nintendo expects to sell 15 million Nintendo Switch 2 systems in the coming year, the video game company said Thursday.
The Japanese videogame maker is betting on solid sales of the long-awaited Switch 2 console that will go on sale next month.
Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026. It is the first forecast for sales from the Japanese gaming giant since it announced the successor to its successful Switch device.
Nintendo on Thursday forecast operating profit would rise 13% to 320 billion yen ($2.22 billion) in the year ending March.
Nintendo's Switch 2, launching June 5th, is driving significant investor excitement and a 50% stock increase since my last coverage. A strong launch lineup includes Mario Kart World and Donkey Kong Bananza, plus robust third-party support for popular titles like Cyberpunk 2077 and Hogwarts Legacy. Despite tariff challenges, Nintendo's strategic pricing and accessory adjustments should mitigate impacts, and I expect 17 million units to be sold by March 2026.
Nintendo is poised to grow its profits significantly for the next several years following the launch of its Switch 2 console—prompting one analyst to reiterate that shares are worth snapping up.
Nintendo Switch 2 pre-orders are now live in the U.S. But will you be lucky enough to get one?
Nintendo's Switch became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device.