Greg Miller
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Yeah.
I thought it was like 30 hours lifetime, though, right? Like, it should have been.
I thought it was like 30 hours lifetime, though, right? Like, it should have been.
As June 5th launch date approaches, demand for the Switch 2 continues to boom, with Nintendo's official pre-order lotteries being massively oversubscribed, especially in Japan.
As June 5th launch date approaches, demand for the Switch 2 continues to boom, with Nintendo's official pre-order lotteries being massively oversubscribed, especially in Japan.
Nintendo is, quote, working to strengthen their production to meet demand, and are forecasting Switch 2 hardware sales of 15 million units and software sales of 45 million units worldwide in the 2026 fiscal year, which of course is April 2025 to March 2026.
Nintendo is, quote, working to strengthen their production to meet demand, and are forecasting Switch 2 hardware sales of 15 million units and software sales of 45 million units worldwide in the 2026 fiscal year, which of course is April 2025 to March 2026.
Not only that, the Japanese game giant is hoping that the Switch 2 launch effect will boost the overall sales for fiscal year 2026 by 63.1% and then approximately $13.04 billion in financial profits boosted as well to $2.05 billion. However, The president's speech revealed concerns about the U.S. market and the future profitability of the Switch 2.
Not only that, the Japanese game giant is hoping that the Switch 2 launch effect will boost the overall sales for fiscal year 2026 by 63.1% and then approximately $13.04 billion in financial profits boosted as well to $2.05 billion. However, The president's speech revealed concerns about the U.S. market and the future profitability of the Switch 2.
As a next-gen console with extra features and improvements over the original, the Switch 2 console is more expensive than its predecessor. Quote, the unit sales price is high and there are corresponding hurdles. However, we are aiming for a launch on par with the first Switch, he said.
As a next-gen console with extra features and improvements over the original, the Switch 2 console is more expensive than its predecessor. Quote, the unit sales price is high and there are corresponding hurdles. However, we are aiming for a launch on par with the first Switch, he said.
These corresponding hurdles include worries about the U.S., which has been Nintendo's biggest market for the Switch 1. The president raised concerns about the possible impacts of Trump's tariffs on the Switch 2 and the American people's spending power. In the online press conference, he stated that the tariff policy will impact Nintendo's profits by tens of billions of yen.
These corresponding hurdles include worries about the U.S., which has been Nintendo's biggest market for the Switch 1. The president raised concerns about the possible impacts of Trump's tariffs on the Switch 2 and the American people's spending power. In the online press conference, he stated that the tariff policy will impact Nintendo's profits by tens of billions of yen.
He added, quote, If prices of daily necessities like food increase because of the tariffs, then people will have less money to spend on game consoles. If we were to adjust the price of the Switch 2 in response to the tariffs, this could decrease demand, end quote. Nintendo revealed more details about how it is factoring in U.S.
He added, quote, If prices of daily necessities like food increase because of the tariffs, then people will have less money to spend on game consoles. If we were to adjust the price of the Switch 2 in response to the tariffs, this could decrease demand, end quote. Nintendo revealed more details about how it is factoring in U.S.
tariffs in its shareholders Q&A summary published on the evening of May 9th. Quote, We have made this forecast based on the assumption that tariffs on Japan, Vietnam, and Cambodia will be 10% and tariffs on China will be 145%, Furukawa said.
tariffs in its shareholders Q&A summary published on the evening of May 9th. Quote, We have made this forecast based on the assumption that tariffs on Japan, Vietnam, and Cambodia will be 10% and tariffs on China will be 145%, Furukawa said.
He noted that Switch hardware for the North American market is primarily made in Vietnam, while some Nintendo products, including accessories and amiibos, are made in China. Nintendo expects that tariffs will mainly affect hardware and is assuming that physical software will not be affected as it doesn't fall under any of the tariff categories announced by the U.S. government last month.
He noted that Switch hardware for the North American market is primarily made in Vietnam, while some Nintendo products, including accessories and amiibos, are made in China. Nintendo expects that tariffs will mainly affect hardware and is assuming that physical software will not be affected as it doesn't fall under any of the tariff categories announced by the U.S. government last month.