Nintendo Switch has reached 132.46 million units to date, as Nintendo revealed today during its half-year financial report.

　　Net sales during the reported timeframe are the largest ever since the debut of the handheld console, marking a 21.2% increase on a year-over-year basis. That's due to a combination of factors, including a rise in income from mobile games and the highly successful The Super Mario Bros. Movie, not to mention a depreciation of Japan's yen. Mobile and IP-related income jumped by 133.3% compared to last year, while the video game platform business grew by 16.7%.

　　On that note, hardware sales improved by 2.4% compared to 2022. 6.84 million Nintendo Switch units were sold in the first half of fiscal year 2024, the lion's share (4.69 million) of which were OLED model sales, while the basic model only sold 1.25 million units. OLED model sales were up by 32.8%, while basic model sales decreased by 44%. The remaining 0.9 million unit sales were of the Nintendo Switch Lite, which remained nearly flat compared to last year. It's worth noting that the Nintendo Switch OLED has a lower profit margin than the other models.

　　Software sales grew slightly (+1.8%) thanks to major releases like The Legend of Zelda: Tears of the Kingdom, which has reached 19.5 million units sold, and Pikmin 4, which sold 2.61 million units. Evergreens like Mario Kart 8 Deluxe and Super Smash Bros. Ultimate moved another 3.22 million units and 1.35 million units, respectively. Interestingly, the ratio of digital to physical Nintendo Switch software sales decreased slightly due to 'robust sales of The Legend of Zelda: Tears of the Kingdom'.

　　Following today's earnings report, Nintendo has revised its full annual forecast upward compared to the previous one. The new forecast estimates better net sales (+9%), operating profit (+11.1%), ordinary profit (+25%), and net profit (+23.5%). Even the planned dividend is jumping from 147 yen to 181 yen (+31). There was no change to the Nintendo Switch hardware forecast, which remains at 15 million for the fiscal year 2024; however, Nintendo now plans to sell 185 million units of software (games), +2.8% compared to the previous forecast of 180 million units. They're clearly banging on a massive holiday season to achieve such a goal.