Credited from: CHANNELNEWSASIA
Nintendo's highly anticipated Switch 2 was launched on Thursday, with expectations of a global shortfall driven by overwhelming consumer demand for the next-generation gaming device. "The level of demand seems to be sky-high," stated Serkan Toto, founder of the Kantan Games consultancy. The original Switch, released in 2017, experienced similar success, establishing Nintendo as a market leader with iconic titles such as "The Legend of Zelda" and the pandemic-fueled hit "Animal Crossing: New Horizons," according to Channel News Asia and Reuters.
The new device maintains several characteristics from its predecessor but offers a larger screen and improved graphics, alongside new titles like "Mario Kart World". Analysts believe that the Switch 2's broader user base should foster greater adoption in its initial lifecycle. Piers Harding-Rolls, an analyst at Ampere Analysis, emphasized that "Nintendo is better prepared this time around" to handle the high demand, according to Channel News Asia and Reuters.
The launch, priced at $499.99, serves as a stress test for Nintendo's supply chain management, particularly in the context of challenges faced during U.S. President Donald Trump's trade war. Recently, Nintendo forecast sales of 15 million units for the Switch 2 in the current financial year, alongside an additional 4.5 million units of the original Switch, as reported by Dawn and Channel News Asia.
Excited fans lined up in the Ikebukuro shopping district in Tokyo, showcasing their anticipation and dedication. For instance, Yumi Ohi, a 30-year-old delivery contractor who had participated in a sales lottery, expressed her overwhelming joy, stating, "I feel like I'm going to cry." This exemplifies the emotional investment many gamers have towards this launch, showcasing both nostalgia and excitement, as noted by Dawn and Channel News Asia.
Nintendo reported a staggering 2.2 million applications for its sales lottery in Japan. Additionally, pre-orders at major retailers like Target sold out within hours, creating concerns that consumers might face weeks or months of waiting to find the Switch 2 in stores, according to Reuters and Dawn.
Despite investor optimism leading to a nearly 30% increase in Nintendo's share price this year, some analysts caution that the momentum may wane as the initial wave of hardcore gamers may be satisfied with their upgrades. Piers Harding-Rolls raised concerns that the launch lineup of first-party games may not be compelling enough to attract casual players immediately, suggesting that some may wait for a stronger game catalog over the next couple of years, according to Reuters and Dawn.