Nintendo Plans to Release 'Cheaper' Switch by End of June
- Author: Latoya Cobb Apr 26, 2019,
Apr 26, 2019, 0:28
Nintendo may reveal its cheaper Switch option very soon.
Nintendo's partner Tencent Holdings won approval last week to sell the hybrid home-portable device in China.
Despite the strong numbers, Nintendo delivered below analysts estimates, Bloomberg reports.
Lifetime Switch sales now stand at 34.74 million units, and recent rumors suggest Nintendo will look to give the console a shot in the arm by launching a more affordable model with a focus on portability later this year.
What the sources could say with confidence is that the smaller Switch will be out sometime in June... which, admittedly, would line up nicely with E3 2019 and the company's most-watched Nintendo Direct event. That 12.7% increase year-over-year, along with an 86.7% increase in software sales for the year, contributed to the company's annual operating profit of 249.7 billion yen. And now analysts believe Nintendo could hit 18.5 million in 2019.
This new milestone was achieved as of Sunday, April 21, which is less than two years and two months after the release of the Switch on March 3, 2017.
Reports now say Nintendo isn't making a more powerful Switch handheld-console hybrid, and will instead update existing SKUs with nearly negligible upgrades.
The industry is facing a shake-up with established console gaming companies like Nintendo and Sony Corp exposed to competition from new entrants like Alphabet Inc's Google offering browser-based games streaming services.
All that said, Furukawa's comments aren't a surprise.
Nintendo loves announcing something and releasing it within the same heartbeat.