Nintendo cuts Switch 2 production amid weakening console sales
#Nintendo #Switch 2 #production #sales #demand #console #Bloomberg
📌 Key Takeaways
- Nintendo reduces Switch 2 production from 6 million to 4 million units this quarter due to weaker demand.
- The production cut is a response to softer-than-expected overseas sales, particularly in the US.
- The slowdown follows a record-breaking launch, making the Switch 2 Nintendo's fastest-selling console initially.
- Reduced output is expected to continue into April, indicating ongoing market challenges.
📖 Full Retelling
Nintendo will produce fewer Switch 2 units than it previously projected in response to weakening demand for the console in the US, Bloomberg reports . Four million units of Nintendo's flagship device are expected to be made this quarter instead of the six million it had originally planned, according to unnamed sources cited by the publication, with the reduced output set to continue in April.
Last month, Nintendo president Shuntaro Furukawa said during an earnings call that "overseas sales were somewhat weaker than expected."
This slowdown follows a record-breaking launch in June last year, making the Switch 2 Nintendo's fastest-selling con …
Read the full story at The Verge.
🏷️ Themes
Production Cuts, Market Demand
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Original Source
Nintendo will produce fewer Switch 2 units than it previously projected in response to weakening demand for the console in the US, Bloomberg reports . Four million units of Nintendo's flagship device are expected to be made this quarter instead of the six million it had originally planned, according to unnamed sources cited by the publication, with the reduced output set to continue in April.
Last month, Nintendo president Shuntaro Furukawa said during an earnings call that "overseas sales were somewhat weaker than expected."
This slowdown follows a record-breaking launch in June last year, making the Switch 2 Nintendo's fastest-selling con …
Read the full story at The Verge.
Read full article at source