Credit Suisse Forecast Suggests Nintendo Switch Will Sell Around 130 Million By 2022



It’s probably safe to say that Nintendo Switch has surpassed the expectations of all among the gaming community. The hybrid console has been a phenomenal success , and it seems like it’s amazing success is going to carry on past the launch year, that is if a certain financial firm is to be believed.

In a recent report from Swiss Financial Services Company Credit Suisse it was stated that The Nintendo Switch would sell around 130 Million by 2022. Previously they forecasted for the console to sell 70 Million. However they revised their estimates as it emerged that the device sells primarily as an hand held, and the home console functionality is only an added bonus.

Here’s what Credit Suisse analyst Keiichi Yoneshima had to say about the Switch

“As Nintendo’s Switch is a unique game platform for use as either a console or handheld, there was initially some uncertainty over whether its sales cycle would more closely resemble that of a console or handheld. Although the Switch is currently categorized as more of a console, we expect it to sell like a handheld. Many users are in fact using the Switch as a portable according to a Famitsu survey of users. We previously projected a sales peak at about three years after launch (i.e., in FY3/19) on the assumption of a console-like sales cycle. Now that the Switch looks more likely to sell like a handheld, we update our sales forecast to reflect a longer sales cycle. We now expect the Switch to achieve peak sales about five years after launch (i.e., around FY3/20–21) like a typical handheld game device. We also raise our peak-year sales forecast from 25mn to 31mn units.”

Not bad for a console which many were predicting would not even past the 50 Million mark. If this prediction holds true then Nintendo Switch will even overtake the hugely popular Wii .

Source: Barrons