Nintendo Switch Crosses 111 Million Units Sold, But Overall Sales Are Down

gameinformer.com:

Nintendo released its latest round of financial results, this time for Quarter 1 of the Fiscal Year 2023, which makes up the months of April, May, and June of 2022. While hardware sales of the base Switch, the OLED model, and the Switch Lite have surpassed 111 million units sold, sales are down nearly 23% overall. 

More specifically, hardware sales for Nintendo are down 22.9% this quarter. Broken up, the base Switch's sales are down 60% in Q1 while Switch Lite sales are down 48.4%. Nintendo did not report OLED model Switch sales, possibly because it groups the OLED model with the base Switch. As for why hardware sales are down this quarter, Nintendo sites the ongoing semiconductor shortage, which affects other hardware makers like Xbox and PlayStation too. 

«Unit sales for the entire Nintendo Switch family of systems declined by 22.9% year-on-year to 3.43 million units,» Nintendo's results read in comparison to 4.45 million units sold this time last year. «In the first quarter of last fiscal year, titles from other software publishers helped drive hardware sales, particularly in Japan, but with the semiconductor shortage affecting production this first quarter, unit sales of hardware declined year-on-year.» 

Software is down for Nintendo, too, declining 8.6% this quarter. It hit 41.41 million software units sold in Q1 of FY23, which is down from 45.29 million units this time last year. 

«Regarding software sales, Nintendo Switch Sports and Mario Strikers: Battle League, both released this quarter, are off to a strong start, and sales of evergreen titles such as Mario Kart 8 Deluxe continued steady, but overall software sales did not keep pace with the strong showing of the first quarter of last fiscal year and totaled