Nintendo Switch 2 hits store shelves in global launch

In This Article:

Nintendo's (NTDOY, 7974.T) Switch 2 gaming console is here, taking over store shelves around the world. The Japanese gaming giant is expecting to sell 15 million units in this initial launch.

Yahoo Finance tech editor Dan Howley reports more on the Switch 2 launch and the competition in the portable gaming space.

Catch Yahoo Finance's full interview with former Nintendo of America President and COO Reggie Fils-Aimé from July 2024.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

00:00 Speaker A

Well, the Nintendo Switch 2 is officially out with lines across the US and the world as gamers head to their nearest retailer to pick up the new console. The first Nintendo Switch launched in 2017. It sold 152 million units. Nintendo expecting to sell 15 million units of the Switch 2 this year, despite potential headwinds from global trade tensions. Yahoo Finance Tech Editor Dan Howley joining us now with more. Dan, great to speak with you about this launch. Uh very exciting for the gamers out there. What are you anticipating in terms of the success of this launch for Nintendo?

00:48 Dan Howley

Yeah, very exciting for the gamers, very excited for me. I got my Super Nintendo uh controller above my head there, uh dissected. But uh for the the company itself, this is uh a huge launch. I mean, this happens once every seven to 10 years. Uh Nintendo last launched this in 2017. So this is a a huge deal for for them. The success of the switch was virtually unprecedented for their home console brands. Uh they're generally uh go between a ebb and flow kind of pattern when it comes to the success of of those consoles. So we had the huge success of the switch. Now we have to see if they can break that ebb and flow pattern for the switch too. And the ebb and flow pattern I'm referring to is you go from the the Super Nintendo to the Nintendo 64, the GameCube, uh you know, that didn't sell sell well. Then they had the Wii, which everyone, you know, saw and used, and then we had the Wii U, which didn't do well, and then the switch. And the switch uh basically kind of introduced a new type of gaming uh to the industry, the the handheld style uh for full-sized games. Obviously, there were things like the Game Boy before this, but these were full regular games that you would then be able to also play on your TV. And so now there are competitors from uh we have a portable from Sony now with their uh PlayStation uh portal. Uh we also have Windows-based competitors uh from the likes of uh Steam, uh as well as Asus and and other PC companies. So this really did kind of set up a a new kind of gaming. But for Nintendo, this is an absolute must. Uh the console, as you can see, 449, that's a big price jump from the $300 of the original. If you get the game uh Mario Kart World with it, it's 499 uh 499. So you save a little bit of money there uh if you do that that bundle. New Joy-Cons, uh they're now magnetic. Uh they can also be used as a mouse. And then yes, they have built-in chat as well as new multiplayer features where you can set up a little camera. Uh it's built into a PD Piranha plant, uh that Piranha that eats Mario in the games, uh and you'd be able to communicate with other players. So they're going whole hog into to the idea of being able to connect. That's obviously social part is a big part of gaming nowadays. Uh and Nintendo really going into that, but this needs to be a huge success for them and it's kind of a risk uh sticking to that same pattern, something they don't usually do.

04:29 Speaker B

Dan, we only got 30 seconds here. Were you at the Switch launch event in New York last night?

04:36 Dan Howley

No, I I wasn't, thankfully. I avoided. I do have Look, man, I don't even know why I'm talking to you guys. Target's supposed to be shipping mine today. I'm not getting any updates, so I I need to know where it's at.

05:04 Speaker B

All right. Uh I guess we won't tell anyone to go stand outside of your apartment and just wait for that shipment. Uh we know that there's a lot of eager people trying to get their hands on those. Dan, good luck. Bring it in studio, why not? Let's just put it up on one of the screens in here.

05:29 Dan Howley

Start playing Mario Kart.

05:31 Speaker B

Exactly. Thanks so much, Dan. Appreciate it.