Nintendo has announced that a new generation Nintendo Switch console will be unveiled before April 2025, according to President Shuntaro Furukawa. The console successor will be announced within the current fiscal year, with a Nintendo Direct planned for June to discuss the software lineup for the latter half of 2024. However, the successor to the Nintendo Switch will not be mentioned during this presentation.
Despite an anticipated slowdown in Switch console sales, with projected sales of 13.5 million units this year compared to 15.7 million units the previous fiscal year, Nintendo’s player base continues to grow. The company reported an increase in the number of active players on the platform, reaching 123 million annual players between April 2023 and March 2024, which is the highest number seen since the Nintendo Switch was launched.
While sales of the Switch console have been decreasing since 2021, the recent OLED model saw a slight increase in sales of 1.1 percent year over year. Nintendo is optimistic about the current generation of Switch consoles, aiming to have multiple systems in every home and potentially one for every person. This strategy highlights the company’s commitment to the existing console lineup even as they prepare for the next generation.
The upcoming year is expected to see a 39 percent decrease in net profit and a 19 percent fall in revenue for Nintendo, according to their financial forecast. Despite these projections, the company remains focused on expanding the reach of the Switch platform and maintaining a strong player base. The announcement of a new Nintendo Switch successor adds to the anticipation surrounding the future direction of the iconic gaming brand.
Nintendo’s decision to announce a new Nintendo Switch console before April 2025 comes as a significant development for fans of the popular gaming platform. The company’s commitment to expanding its player base while preparing for the next generation of hardware underscores their dedication to innovation and growth in the competitive gaming market. As players await further details on the upcoming console, the promise of new features and experiences could drive excitement and interest in the future of Nintendo gaming.
Overall, Nintendo’s announcement of a new Nintendo Switch console successor and their financial forecast for the upcoming year paint a picture of a company in transition. While facing a potential decline in sales and profitability, Nintendo remains focused on their player base and expanding the reach of the Switch platform. The upcoming release of a new console generation adds to the excitement surrounding the future of Nintendo gaming, setting the stage for continued innovation and success in the industry.