Switch Successor Isn't Coming This Year

Nintendo made an announcement that will disappoint some Nintendo gamers (Me included). They put an end to all the rumors circulating about their new hardware, including the highly anticipated Switch Pro or 2, or whatever they'll call it. According to Bloomberg, Nintendo president Shuntaro Furukawa revealed during an investor meeting that there won't be the successor to the Nintendo Switch until at least April 2024. Yes, you read that right – we have to wait for another year or more.

This news comes at a time when Switch sales have been on the decline. In the last financial year(April 2022 to March 2023), they sold around 18 million units, which is a drop from the 23 million sold the year before, and even further down from the 28 million sold the year before that. Despite the drop, Nintendo isn't rushing to release a new console to combat it. They are predicting another drop in sales for the coming year.

During the meeting, Furukawa acknowledged the challenge of sustaining Switch's sales momentum as it enters its seventh year on the market. He mentioned that their goal of selling 15 million units this fiscal year might be a bit of a stretch, but they are determined to do their best to boost demand, especially during the holiday season.

The rumors about a new console have been circulating for quite some time. Some analysts even suspected that Nintendo might release the new hardware as early as 2021. People were speculating that it would have better graphics on par with the PS4 or PS4 Pro.

Nintendo's decision to delay the release of the new console until 2024 raises many questions. Why are they taking their time? What challenges are they facing? While we don't have all the answers, we can only speculate. Perhaps Nintendo wants to ensure that they deliver a top-notch gaming experience with their new console. Maybe they are working on innovative features that will revolutionize the gaming industry once again. Who Knows...

All we know is that Nintendo is focused on navigating the upcoming challenges and sustaining its success. They have set their sights on bolstering demand and achieving their sales targets, despite the declining trend. As fans, all we can o is wait patiently and hope that the wait will be worth it.