Nintendo Switch moves 22% fewer units but digital games sales are up

Nintendo today released its financial earnings reports for the 2023 fiscal year. According to the report, the company’s profits are down, as are sales of its primary device, the Nintendo Switch. Its forecast for next year shows the company expect these numbers to drop even more. However, it notes that digital product sales have gone up and now account for almost half of total software sales.

In Nintendo’s report, it sold 17.97 million Switch units in FY2023, down from FY2022’s 23.06 million. While the sales of the Switch OLED model have increased from 5.8 million to 9.22 million units, it’s not enough to offset overall decline in number of units sold. The company also noted that, while some individual games sold well, overall games sales declined 9% year-on-year, with 213.96 units of software sold in the last fiscal year.