Nintendo Switch clears 122m to outsell Game Boy, PlayStation 4

videogameschronicle.com:

Nintendo has now sold 122.55 million Switch consoles as of December 31, up from 114 million, but the company still lowered its sales targets for the end of its current fiscal year.

The figure means that Switch has now officially outsold the Game Boy (including Game Boy Color at 118.69m) and Sony’s PlayStation 4 (116.6m)

Last year Switch was already confirmed as the best-selling Nintendo home console of all-time, beating Wii’s 101.63m. However, it still has a way to go before it matches Nintendo DS’s 154.02 million units sold. Outside of Nintendo’s own consoles, only PlayStation 2 (155m) has outsold Nintendo Switch.

In its results for the first nine months of FY23, the Japanese company said its net sales were down 1.9% at 1295 billion yen and net profit down 5.8% at 356.2 billion yen.

The company said the decline was partly due to fluctuations in foreign exchange markets, and a 21.3% year-on-year decline in hardware sales compared to the same time last year (14.91 million vs. 18.95 million) which it said was mainly due to a shortage of semiconductors that impacted production until around late summer.

Due to this decline, Nintendo has lowered its forecast for the second quarter in a row.

It now expects to sell 18 million consoles by the end of March, it said, which is down from 19 million in the previous quarter, and 21 million before that. It also lowered its forecast for its full-year earnings .

That would mean that, as it approaches its seventh year on the market, Switch sales will have declined for two fiscal years in a row (down from 23m units in FY22 and 28.8m in FY21).

Despite the hardware decline, Switch software sales remain strong at 172.11 million units for the first nine months of the fiscal year (down 4%