Japanese video game maker Nintendo has not one, but two hot selling consoles on the market.
Nintendo is in the lucky position to have two hot selling consoles in 2017. The company has the two most wanted products on the consumer market today. The sales are plagued by inventory shortage, which could have a negative effect on the actual unit sales for Nintendo.
Update: Nintendo announced on April 14 the Nintendo Switch sales numbers for the first month. The Switch is the fastest selling console in Nintendo's history. Nintendo sold over 900,000 Switch consoles in the United States in the first month. Research firm SuperData estimates that Nintendo sold 2.4 million Switch consoles world-wide.
Nintendo launched a 80s retro console on November 11, 2016. The Nintendo NES Classic developed into a surprise success. Nintendo struggles to make enough units since launch. As of December 31, 2016, Nintendo sold 1.5 million NES Classic Edition. The NES Classic continued to be in high demand after Christmas.
We predict that Nintendo sold 1 million NES Classic consoles in Q1 of 2017. The number could be higher, if Nintendo would supply more units. The NES Classic reseller prices are still 100% above the list price. Marketplace prices of the NES Classic have been as high as $250.
New official NES Classic sales numbers for 2017 are expected to be released on April 27. On this day, Nintendo releases its fiscal year earnings.
Nintendo launched the Nintendo Switch on March 3, 2017. The company has not released official sales numbers for the new hybrid console. The $299.99 Nintendo Switch is almost as hard to find as the NES Classic. Research firm SuperData estimated mid-March that Nintendo sold 1.5 million Switch consoles world-wide. The Switch beat the PS4 in reaching 500,000 units in Japan, according to a numbers of Media Create.
At the Nintendo fiscal year Earnings release on April 27, the first official Nintendo Switch sales numbers will be likely revealed. The unit sales number is likely only covering March.
Another indicator how many Nintendo Switch consoles have sold is an estimate on the sales numbers of the new Zelda game. According to VGChartz, Nintendo sold about 1.5 million copies in the first week. 1.1 million of the copies are Switch versions.
Nintendo's stock has been rising in the past weeks. It slowed down in early April. The earnings release on April 27 could give Nintendo's stock price a new push.
To find a Nintendo NES Classic, Target Stores are a good option this morning according to our Nintendo NES Shopping Guide. The Nintendo Switch is also available at many Target retail outlets today, according to our Nintendo Switch Shopping Guide.