Nintendo Switch sales are on the decline, but the console has hit a new record for total sales
Nintendo has reported its financial results for the previous nine months, ending on December 31, 2022. While revenue has experienced a dip across the board, the Nintendo Switch has reached a new milestone. Net sales were down 2% year-on-year to $9.4 billion, while mobile and IP-related income dipped by 2.3%, earning Nintendo $295 million from that section.
During this period, Nintendo sold 5.22 million base Switch console units versus 11.79 million during the same period the previous year, a 55.7% drop year-on-year. However, sales of the Switch OLED model increased by 92.5% year-on-year, going from 3.99 million units sold the year before to 7.69 million units sold in 2022. As for the Switch Lite, it saw a 37% drop year-on-year, selling just 2 million units during this nine-month period. Combined, this accounts for 14.91 million Switch consoles sold during this window.