Nintendo’s new Switch console debuted amid disappointingly low sales in Japan.
(Picture courtesy of Pixabay/PhotoMIX-Company) Nintendo’s OLED system Despite pre-orders selling out in minutes, Nintendo’s more expensive and newer Switch device failed not meet expectations.
Due to poor supply caused by chip shortages, this is a surprise result. Due to poor supply caused by chip shortages, this is a surprise result.
Low Sales of the Nintendo Switch
On Oct. 8, the console’s OLED edition was sold internationally for $350. According to Kotaku, the company sold 138, 409 units in the domestic market.
Meanwhile, in 2017, the first Switch system sold 330,637 units during the weekend. In 2019, 177,936 Switch Lite devices were sold.
The figures are a major setback for Nintendo, whose stock has dropped more than 20% this year as competitors such as Sony have risen.
With a 7-inch OLED screen and a flexible stand, the new console offers a more colorful display. According to Japan Times, it boasts greater storage space, better speakers, and a built-in internet cable port.
Despite complaints of burn-ins, Nintendo is proud of the console’s OLED screen.
Its larger screen makes playing games and viewing Netflix on your Nintendo Switch console much more enjoyable.
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Despite the lack of a much-anticipated graphics chip upgrade, the new console has become a hot subject on social media in major regions such as the United States and Japan, where first reactions have been overwhelmingly positive.
According to Serkan Toto, an industry consultant, the new OLED model will be more popular than the previous two generations. They anticipate that existing console users will upgrade from older models to newer models or add another to their families.
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Nintendo’s Stock Problems
Nintendo’s Kyoto headquarters is experiencing inventory issues due to the new Switch’s popularity.
On the one hand, Nintendo is having trouble keeping up with demand for OLED systems. Japanese stores are holding lottery draws to determine who will be able to acquire one.
This includes the company’s main store in Tokyo’s Shibuya neighborhood. According to a Nintendo executive, the next console’s limited supply is likely to last until early 2022.
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