Nintendo Sold 23 Million Switch Consoles in the Past Year

Posted on May 10, 2022 by Paul Thurrott in Games with 5 Comments

As part of its quarterly earnings report, Nintendo announced that it sold 4.11 million Switch consoles in Q1 2022 for a total of 23.1 million units in the fiscal year. It had sold 28.8 billion units in the previous fiscal year.

The first reported a net income of $3.7 billion on revenues of $13 billion for the quarter ending March 31. That latter figure is down 3.6 percent year-over-year (YOY), with Nintendo blaming ongoing component shortages.

“The Nintendo Switch business this fiscal year (April 2021 to March 2022) saw the October 2021 launch of Nintendo Switch – OLED Model and strong hardware sales in each region,” Nintendo noted in its earnings report. “Growth in sales of Nintendo Switch, Nintendo Switch – OLED Model, and Nintendo Switch Lite demonstrated a good balance between each of the three individual models, and as a result of stable performance among the overall hardware lineup, final sales totaled 23.06 million units.”

To appease investors, Nintendo also announced a 10-for-1 stock split, effective October 1, and it will buy back $433 million worth of shares. It forecasts that it will sell 21 million Switch units in the current fiscal year.

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Comments (5)

5 responses to “Nintendo Sold 23 Million Switch Consoles in the Past Year”

  1. Dan

    "It had sold 28.8 billion units in the previous fiscal year."


    Damn

    • train_wreck

      Those are Dr. Evil numbers.

    • Thretosix

      2020 was a good year for the Switch. Even I looked for one and couldn't find one at the time. Now I'm just holding out for an upgraded model.

      • Jim Lewis

        You might want to wait 'til 2023 as there is a rumor that Nintendo might be coming out with the "Switch 2" to go along with the sequel to Breath of the Wild - the "evidence" being in a teaser trailer or two for BOTW 2, IIRC, there is anti-aliasing of clouds, etc., that even the X Box Series X can't do and it's said that Nintendo rarely puts anything in a teaser trailer that the actual game can't do, hence the supposition that a totally new type of device is in the works and the reason for the delay in the sequel, etc. Since the processor in the Switch is an nVidia device and nVidia has some pretty cool stuff in DLSS, etc., perhaps we'll be seeing some of that whenever there really is a "Switch 2."


        Hope the rumor mongering is right. I have an XBox One, an XBox Series X, and a really powerful PC gaming rig with an HP G2 HMD and an nVidia RTX 3090, and the game that I like to play best is BOTW on my Switch. I only wish that one could plug it into a TV without charging the battery to 100% and getting the device incredibly hot. Nintendo doesn't seem to be an OEM that likes to take feedback as I haven't found an easy way to suggest that one be able to switch off charging at some % SOC when plugged into the TV stand/connector that comes with the Switch. For anyone who wants to give BOTW a go, get the DLC expansion pack for an extra $20 and follow LevelUp Royal's YouTube videos as the most efficient way to understand and master the game (he mentions a medical problem in his comments and seems to have dropped off the face of the earth at the beginning of 2018?!).

  2. MoopMeep

    Its about to surpass PS4 in sales, it passed the xbox one a long time ago.

    Pretty amazing for a console release 3 years after the other two.

    I could see it passing the PS2 in sales, looks like its still going strong.