Nintendo shares drop 10% as Switch 2 sales slow
Business
Nintendo's shares dropped 10% on Wednesday after a VGChartz estimate said Switch 2 had sold 15.59 million units worldwide by December 2025.
Even with this big number, Nintendo didn't raise its sales target for the year—keeping it unchanged, which left investors unimpressed.
Switch 2 is breaking records in the US
Switch 2 is breaking records in the US, selling 4.4 million units in just seven months—35% more than PS4 and nearly double the original Switch's early numbers.
But holiday sales slowed down, trailing behind the original Switch by almost a million units last December.
Top games like Pokemon Legends: Z-A and Mario Kart World are still drawing players in, but concerns about rising memory chip prices could impact Nintendo's future profits.