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Nintendo Switch 2 sales fall 41% to 2.67 million after price rises driven by the memory chip shortage

Nintendo missed revenue estimates for July to September but kept its forecast of 16.5 million Switch 2 sales this year, betting on the Zelda: Ocarina of Time remake out today.

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Black Nintendo Switch 2 console standing in its dock with the Switch 2 logo on the front
Black Nintendo Switch 2 console standing in its dock with the Switch 2 logo on the frontPhoto: Crisco 1492 / Wikimedia Commons, CC BY-SA 4.0

Nintendo sold 2.67 million Switch 2 consoles in the three months to 30 September 2026, down 41% from a year earlier, after raising the console's price to cover soaring memory chip costs, CNBC reported on Thursday 5 November 2026. Sales were also below the 3.82 million sold in the April to June quarter.

The numbers

Measure (July to September 2026)Figure
Switch 2 units sold2.67 million (down 41% year on year)
Previous quarter3.82 million
Revenue448.2 billion yen ($2.8 billion)
Analysts expected481.37 billion yen (LSEG average)
Full-year Switch 2 forecast16.5 million units, unchanged (year to March 2027)

Why sales fell

Memory chips are a core part of every console, and a global shortage has pushed their prices up sharply this year. Nintendo raised the Switch 2 price in Japan early in the year and then in the US and Canada during the quarter, and buyers held back.

The year has had hits, including Tomodachi Life: Living the Dream and Pokemon Pokopia, but no big blockbuster. Investors are pinning hopes on The Legend of Zelda: Ocarina of Time, a remake of one of Nintendo's best-known games, released on Thursday. "It's not enough to make investors happy, especially after the device is now as expensive as it is," Kantan Games chief executive Serkan Toto told CNBC.

What it means for buyers in Pakistan

The same memory shortage is lifting the price of phones and laptops, so console, phone and PC prices are all under pressure (laptop prices in Pakistan). If you are buying a console or games priced in dollars, check the rupee cost first with our currency converter and the dollar rate today.

Frequently asked questions

How many Switch 2 consoles did Nintendo sell in July to September 2026?
2.67 million, down 41% from a year earlier, Nintendo said on 5 November 2026.
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