Nobody can deny that the Nintendo Switch has been quite popular since it hit the market earlier this year in March. Nintendo has consistently been reporting impressive sales figures since launch, and the good news just keeps rolling in.
During a recent investor’s briefing, Nintendo President Kimishima shared a sales chart which compares the Switch’s first-year performance to that of the companies last two home systems: the Wii (2006) and Wii U (2012). According to the chart, the Switch is riding closely on the heels of its grandfather the Wii:
As Kimishima noted in the briefing, the Switch’s performance is especially impressive since it launched in early Spring rather than the holiday season like the Wii and Wii U did. Since the holiday season is the biggest time of the year for shopping, it’s remarkable that the Switch is managing to nearly mirror the Wii’s amazing sales performance despite launching at a time of the year that’s relatively quiet.
Kimishima also mentioned that it’s likely the Switch’s sales performance would have been even better had Nintendo been able to keep up with the massive demand early on. Many countries went through a ‘Switch drought’ for a few months earlier this year due to Nintendo miscalculating the demand for the system. In recent weeks, the company has been steadily improving the production rate of units, so the droughts are starting to subside. The fact that President Kimishima mentioned this really makes the theory that Nintendo was artificially creating a shortage of systems to drive up hype seem even more silly than before. Investors would have loved to see that red line closer to the gray one representing the Wii.
We reported earlier that current Switch shipments stand at 7.6 million worldwide. This has caused Nintendo to shift its original first-year goal from 10 million all the way up to 14 million. If this goal is met, then the Switch would have sold more in one year than the Wii U did in its 4-year lifetime (13+ million).
The original Wii is still Nintendo’s most successful home system, having sold over 100 million units in six years. It’s still far too early to tell exactly how well the Switch will do, but it’s a big relief that it’s tracking closer to the Wii than the Wii U.
Boy, Nintendo sure is doomed huh?