Nintendo Switch is a bona fide hit with 18 million sales

  • Nintendo Switch is a bona fide hit with 18 million sales

Nintendo Switch is a bona fide hit with 18 million sales

The Kyoto-based company also announced Managing Executive Officer Shuntaro Furukawa, 46, will succeed President Tatsumi Kimishima effective June 28, pending shareholder approval, in a move to rejuvenate its management.

For those keeping track, that means the Switch has now sold 4 million units more than the Wii U did in its entire four-year life span.

The Switch has now sold 17.79 million units in its lifetime, including 15.05 million in the fiscal year. Nintendo expects to sell 100 million in the coming year.

Nintendo just released its fiscal year sales data for 2017, which include some incredibly impressive stats for both the Switch itself as well as Nintendo's first-party games.

When it comes to software, sales are in general getting slower in this period of the year. The company also reported that it has now sold over 10 million copies of Super Mario Odyssey since it launched while Mario Kart 8 Deluxe, The Legend of Zelda: Breath of the Wild and Splatoon 2 all continue to sell millions of copies as well.

The company earlier this month launched its Labo line of cardboard toys that can be combined with the Switch. Their dedicated handheld, the 3DS, now stands at 72.53 million in total hardware sales. Overall, it looks like the Nintendo Switch has been a very profitable product from the start and it just keeps on giving.

Even the retro SNES Classic console sold in number, too, with sales of 5.28 million. Despite just two-and-half years in the job, he's certainly made his mark in the company's history.

The initial success of the hybrid home-portable Switch has boosted Nintendo's gaming software sales and encouraged more third-party publishers to make games for the console, a cycle analysts expect to further push up console sales. The only thing that might slow down its profitability in the future is the occurrence of pirated games for that console. "That is why we want to apply substantial resources to the online service, with the thinking that we will devote our energies to making this a for-pay service", Nintendo president Tatsumi Kimishima said at the time. Furukawa is now the outside director of The Pokémon Company, general manager of the Corporate Planning Department and is in charge of the Global Marketing Department, among several other positions.