8 hours Ago By Derek Strickland
Nintendo has reported its lowest-ever holiday net sales revenues in the Switch's lifecycle. Nintendo's Q3FY25 earnings results show signs that the Switch lifecycle is gearing down. The company saw $2.
76 billion in total net sales during the Holiday 2024 period (Q3'25 runs from October - December 2024), a new low for any holiday quarter during the Switch's lifespan. The previous holiday quarter, Nintendo made $4.2 billion in net sales, but Q3'25's results show a -35% decline.
Nintendo has since downwardly revised its full-year earnings forecasts, but it's worth noting that FY25 will not be impacted by the Switch 2. The new Switch 2 console is expected to launch in the second-half of 2025 and will instead be a part of Nintendo's FY26 period. Nintendo CEO Shuntaro Furukawa put these numbers into perspective: "Although unit sales of both hardware and software in the third quarter declined year-on-year, sales have been stable given the fact that the platform is in its eighth year.
" Nintendo Q3'25 results in USD Nintendo Q3'25 results in JPY Nintendo now expects to sell 1.5 million fewer Switch consoles throughout FY25, alongside 10 million fewer games. Hardware sales throughout the last 9 months are down 30.
6%, Nintendo notes, and software is likewise down nearly 25%. This strongly indicates that the Switch console market could be saturated or that consumers are waiting for the new Switch 2 system before buying into the current ecosystem..
