Nintendo Switch Sales Decline , As Chip Shortage Continues.
The Verge reports that Nintendo continues 
to struggle to meet its Switch production targets 
due to the ongoing global chip shortage. .
The Verge reports that Nintendo continues 
to struggle to meet its Switch production targets 
due to the ongoing global chip shortage. .
On August 3, Nintendo said the chip shortage contributed to a new 23% decline in console sales to 3.43 million in the second quarter.
On August 3, Nintendo said the chip shortage contributed to a new 23% decline in console sales to 3.43 million in the second quarter.
Nintendo Switch sales were 
down 60% to 1.32 million 
units for the quarter. .
Nintendo Switch sales were 
down 60% to 1.32 million 
units for the quarter. .
Sales for the Switch Lite 
were down almost 50% 
to just 0.59 million. .
Sales for the Switch Lite 
were down almost 50% 
to just 0.59 million. .
Software sales 
were also down 8.6% to 
just under 41.5 million units. .
Software sales 
were also down 8.6% to 
just under 41.5 million units. .
Nintendo still reportedly expects 
to sell 21 million consoles 
by March 2023.
Production was impacted by factors such 
as the global shortage of semiconductor 
components, resulting in a decrease 
in hardware shipments and subsequent 
decline in overall sales, Nintendo, via The Verge.
Nintendo said in its earnings release that 
the company expects chip procurement to , “gradually improve from late 
summer towards autumn.”.
Nintendo said in its earnings release that 
the company expects chip procurement to , “gradually improve from late 
summer towards autumn.”.
The company has already sold 
a total of over 111 million 
Switch consoles.
According to Nintendo, "demand remains stable" around the world despite the age of the console.
According to Nintendo, "demand remains stable" around the world despite the age of the console