Sales of Nintendo’s Switch dip as chip shortage continues to bite
Posted On August 3, 2022
Nintendo continues to struggle to hit its Switch production targets as a result of the global chip shortage, which contributed to a near 23 percent decline in console sales to 3.43 million in the three months ending June 30th, the company reported today.
Sales of the standard Nintendo Switch were down 60 percent to 1.32 million units in the quarter, while sales of the Switch Lite were down nearly 50 percent to 0.59 million. The Switch OLED, which only went on sale last October, made up some of the shortfall with 1.52 million units sold. Software sales were also down by 8.6 percent to a little under 41.5 million units. The company still expects to sell 21 million consoles throughout the course of its year ending March 2023.