Nintendo to announce Switch successor details this financial year
JAPAN’S Nintendo said on Tuesday (May 7) that it plans to make an announcement about the successor to its ageing Switch console during the financial year ending March 2025.
Nintendo has extended the lifecycle of the Switch device with hit titles such as The Legend of Zelda: Tears of the Kingdom, with the market focused on the timing and prospects for next-generation hardware.
The Kyoto-based gaming company said on Tuesday that it expects to sell 13.5 million Switch units in the current financial year as it squeezes out sales of the ageing device.
Nintendo last year sold 15.7 million units of the hybrid home-portable device, which launched in 2017.
This was higher than its own forecast in February of full-year sales of 15.5 million units.
It has introduced incremental changes to its Switch devices, with sales of the OLED model growing year on year even as broader hardware sales continued their annual decline.
The company is seen as having a thin pipeline for this year, with announced titles including Paper Mario: The Thousand-Year Door later this month and Luigi’s Mansion 2 in June.
Nintendo shares closed up 2.4 per cent ahead of earnings and have gained 5.4 per cent this year. REUTERS
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