Nintendo's Next Console Development Progresses Well Despite Switch Sales Decline.
TL;DR Summary
Development of Nintendo's next console is reportedly progressing well, but a product launch won't happen before next spring at the earliest. Nintendo reported a slowdown in Switch hardware sales and suggested no new hardware will launch before April 2024. The company sold 17.97 million Switch consoles during the fiscal year ended in March, taking lifetime sales to 125.62 million. It expects to sell 15 million Switch consoles during the current fiscal year, which would represent a 16.5% year-over-year decline.
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