Current:Home > MarketsNintendo hints at release date for its long-awaited Switch 2 video game console -MoneyStream
Nintendo hints at release date for its long-awaited Switch 2 video game console
View
Date:2025-04-16 16:20:18
Gamers who have been waiting for years for Nintendo to release a successor to its popular Switch console finally got a clue on when to expect an upgraded device.
Nintendo President Shuntaro Furukawa said Tuesday in a post on X (formerly known as Twitter) that the Japanese technology giant will announce the new switch within its current fiscal year, which ends in March 2025.
Nintendo offered no additional details, including a launch date for the Switch 2, as the console is called. The company didn't respond to a request for comment. In February, Nintendo told video game publishers the device will be delayed until early 2025, Bloomberg reported.
Unveiling a new Switch system would bolster Nintendo in a fiercely competitive video game market that includes Sony's Playstation and Microsoft's Xbox. The global video gaming market is expected to grow to $583.6 billion by 2030, according to business consulting firm Grand View Research.
The Switch became an instant hit for Nintendo when it debuted 2017 thanks to its unique design and plethora of games. The device resembles a tablet and has detachable buttons on each side that a player uses to control game play. It can also be docked on a charging station, enabling the user to continue playing on a television screen — a first-of-its-kind feature at the time.
Nintendo's first-ever handheld gaming system — the Game Boy — was released in 1989, but the company didn't release another handheld system until 2004, when the DS reached U.S. stores. Another 13 years went by before Nintendo introduced the Switch. In major cities across the U.S., customers camped outside in long lines the day before Switch consoles went on sale in 2017.
In 2019, Nintendo introduced the Switch Lite, a less pricey version of the gaming system. Switch sales skyrocketed in 2020 during the pandemic as homebound Americans turned to gaming to pass the time.
Some of Nintendo's best-selling video game titles — including the Legend of Zelda, Pokémon, Minecraft, Super Mario and Super Smash Bros. — are all available on the Switch, making the device even more enticing to gamers. Nintendo will announce new games available for the Switch next month during a company event, but the upcoming presentation will not include details about the Switch's successor, Furukawa also said Tuesday.
Today, the Switch is Nintendo's second-best-selling console behind the DS. Nintendo has sold more than 141 million Switch consoles, according to company data.
By comparison, the company has sold 154 million DS consoles along with 76 million Nintendo 3DS. Nintendo has sold 101 million Wii units and 13.5 million Wii U units.
Nintendo reported $3 billion in profit for the fiscal year ended in March 2024, up from $2.8 billion in the prior year.
—The Associated Press contributed to this report.
- In:
- Nintendo Switch
- Nintendo
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy.
TwitterveryGood! (538)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- 2024 NFL Honors awards: Texans sweep top rookie honors with C.J. Stroud, Will Anderson Jr.
- Alabama bill that would allow lottery, casinos and sports betting headed to first test
- Fans pack college town bars as Kendall Jenner serves drinks at Alabama, Georgia and Florida
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- Americans left the British crown behind centuries ago. Why are they still so fascinated by royalty?
- Senators ask CEOs why their drugs cost so much more in the U.S.
- Enbridge appeals to vacate an order that would shut down its pipeline
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Have a story about your sibling? Share it with us!
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- AI-generated voices in robocalls can deceive voters. The FCC just made them illegal
- Christian Bale breaks ground on foster homes he's fought for 16 years to see built
- Vornado recalls 2 million garment steamers sold at Walmart, Amazon and Bed Bath & Beyond due to serious burn risk
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Family, U.S. seek information from Israel on detained Palestinian-American Samaher Esmail for alleged incitement
- Ohio backs off proposed restrictions on gender-affirming care for adults
- They opened a Haitian food truck. Then they were told, ‘Go back to your own country,’ lawsuit says
Recommendation
Man charged with murder in death of beloved Detroit-area neurosurgeon
Georgia football zooms past own record by spending $5.3 million on recruiting
Floridians shaken by 4.0 magnitude earthquake about 100 miles off the coast in the Atlantic Ocean
Christian Bale breaks ground on foster homes he's fought for 16 years to see built
Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
Tennessee House advances bill addressing fire alarms in response to Nashville school shooting
Astronomers find evidence of ocean world beneath surface of Saturn's tiny 'Death Star' moon
Gina Rodriguez brings baby to 'Not Dead Yet' interview, talks working as a new mom: 'I don't do it all'