Falling sales for Nintendo Switch too

A number of IT companies had to accept losses in the past quarter. This also includes Sony’s Playstation department. Compared to the previous year, 26 percent fewer video games were sold. In addition, the production and delivery of the PS5 continues to falter. In discussions with investors, Sony is stonewalling whether or not the sale price of the PS5 will be increased. In addition to Sony, Nintendo is now also reporting a decline in sales of the Nintendo Switch.

Semiconductor shortage leads to sales problems at Nintendo

In comparison to the previous year handheld sales fell 23 percent to 3.43 million Devices. As a result, revenues and sales also fell. However, due to the exchange rate, Nintendo was able to earn a little more than in the corona year 2021. Consolidated profit rose by 28.3 percent to around 119 billion yen, the equivalent of 877 million euros. However, more would have been possible if supply chain problems and the ongoing shortage of semiconductors did not mean that less hardware could be built.

The competitors from Sony and Microsoft also have similar problems. On the other hand, the situation with the game publisher Electronic Arts is completely different. Thanks to FIFA 22, including the trading card mode FUT and EA Sports F1 22, the Americans can increase their sales by 14 percent to 1.77 billion US dollars. With a Net income increased by 52 percent to 311 million US dollars even cope with a flagging Battlefield 2042.

Also worth reading: Sony update: Sales of games for PS5 and Co. are weakening

Collection to falling sales at the Nintendo Switch:

• Nintendo is feeling the effects of the ongoing semiconductor shortage and supply chain issues.
• Compared to the previous year, sales of the Nintendo Switch fell by 23 percent to 3.43 million devices.
• Thanks to the current exchange rate, Nintendo was able to increase its consolidated profit by 28.3 percent to around 119 billion yen.

Sources: Nintendo, EA