Switch 2 sales fell by almost 40 percent after Nintendo increased prices

Nintendo's Switch 2 sales plummeted by nearly 40% in the first half of its fiscal year, ending September 30, as opposed to the same period a year prior. The gaming giant disclosed that it sold 6.49 million units over six months, with 3.82 million units sold in the first quarter and 2.67 million in the second. This represents a 37.4% decrease from the 10.36 million units sold during the same timeframe in the previous fiscal year.

Despite Nintendo's anticipation of strong demand following the device's launch on June 5, 2025, sales fell short of expectations. The company revealed that many consumers persisted in purchasing the system, driven by the launch of new titles, even with the sales slump. The earnings report spans a six-month period beginning in April, just a month before Nintendo raised the console's price by $50 to $500 in the US, prompted by increased memory costs and US tariffs.

Even with lower sales, Nintendo's net profit surged 11% compared to the previous year, thanks to robust software sales and the success of the latest Super Mario movie. Despite the downturn in console sales, Nintendo is sticking to its forecast of 16.5 million Switch 2 units for the current fiscal year, reflecting their earlier expectations and considering the pre-release hype surrounding the device.

The remake of Ocarina of Time recently hit stores and is expected to be one of the most significant launches on the Switch 2 this year.