If you’re currently in the market for a cheap Nintendo Switch deal for Christmas then, unfortunately, you might want to consider a crucial piece of information that has just come to light by acclaimed tech and gaming reporter Yuji Nakamura.
That’s because Nakamura, writing for the prestigious US news site Bloomberg, has just revealed some pretty damning financials for the Kyoto-based games maker, with the firm reportedly set to miss its two-year Nintendo Switch sales targets, a fact that has caused its shares to drop by around 33 per cent since January 2018.
The reason for this? Nakamura quotes Cornelio Ash, an analyst at William O’Neil & Co. in Los Angeles, in his report who states:
“All great consoles need a great second year, and Nintendo hasn’t delivered one for the Switch. Investors thought over five years they could sell maybe 90 million units. But after this year, that’s looking pretty much impossible.”
Indeed, that amazing first year on sale where jaw-droppingly amazing titles like Super Mario Odyssey and The Legend of Zelda: Breath of the Wild bagged perfect scores from every title of note now seems very, very far away, with a relatively barren second year seemingly slowing all that positive momentum.
Interestingly, Nakamura highlights how poor sales in Nintendo Labo in particular, the cardboard toy add-on that makes use of the Switch and its Joy-Cons, has been the year’s biggest disappointment. “Sales have struggled,” states Nakamura.