Take-Two CEO Strauss Zelnick expressed interest in Nintendo's upcoming console, emphasizing the importance of backward compatibility for their game catalog. He remains optimistic about Nintendo's potential, stating, "I never count Nintendo out."
Samsung's latest high-performance microSD cards, developed in collaboration with an unnamed customer, have sparked speculation about a potential successor to the Nintendo Switch. With impressive speeds and sizes, these cards could address the current Switch's limited internal memory and potentially be a valuable addition to a next-gen console. Scheduled for release later this year, the cards may play a significant role in the future of gaming technology.
A new GDC survey of over 3,000 developers revealed that 8% are working on game projects for the rumored "Switch successor," while 18% are working on games for the original Nintendo Switch. Additionally, 32% of developers expressed interest in the Switch's successor, and 25% in the current Switch. These findings indicate early developer interest in a potential new Nintendo platform, although it's important to note that this is just a sample and not necessarily reflective of the entire industry.
Speculation continues about the potential announcement of a Nintendo Switch successor, as the console approaches its eighth year without a new hardware release. Despite the Switch's success and a strong lineup of games, hardware sales are declining, and industry trends suggest that Nintendo may soon need to introduce a new system to maintain momentum. Fans are eager for improved hardware, such as a 'Switch 2', that could offer more power for developers and an enhanced gaming experience. However, with no official announcement from Nintendo, the gaming community is left to wonder if 2024 will be the year they finally see a new console.
Nintendo has stated in its latest earnings report that it will continue to release new titles and content for the Nintendo Switch, even after the rumored launch of a Switch successor. This suggests that Nintendo is not bound by the traditional concept of a platform lifecycle and may take a different approach to its release strategy. The company aims to minimize the dip typically seen in the last year of one console cycle and the beginning of another.
Nintendo of America boss Doug Bowser believes that the company's Nintendo Account system will help "ease the transition" to a potential successor of the Nintendo Switch. The unified accounts system, introduced in 2016, allows Nintendo to communicate with players during a platform transition. Bowser's comments align with Nintendo's goal of minimizing any dip in the last year of one console cycle and the beginning of another. While rumors of a Switch successor continue to circulate, Nintendo has yet to comment on the reports.
Nintendo has reported record-breaking profits for the first quarter, driven by the success of The Legend of Zelda: Tears of the Kingdom and the Super Mario Bros. Movie. Net sales increased by 50% to ¥461.3 billion ($3.2 billion), while operating profit rose by 82.4% to ¥185.4 billion ($1.3 billion). The release of Zelda and the Mario movie directly and indirectly contributed to the company's success, with Tears of the Kingdom selling 18.51 million units and the movie boosting Nintendo's mobile and IP related income by 190.1%. Although Switch console sales remained strong, speculation is growing about the announcement of a successor, with reports suggesting a new console is planned for the second half of 2024.
Nintendo's next-generation console, often referred to as "Switch 2," is expected to be released in the second half of 2024. The console will likely be playable as a portable device and support cartridge-based games, featuring an LCD screen instead of an OLED screen. While details are scarce, some key partner studios reportedly have development kits for the device. Nintendo has not officially announced the console but has hinted at a smooth transition from the Switch to the new platform. Backward compatibility with Switch games on the new console is uncertain, as some third-party publishers have expressed concerns about its impact on sales of next-gen titles. The official rollout of next-gen news may not happen for several months or even close to a year.
Nintendo is reportedly planning to release a portable console similar to the Switch in the second half of 2024, aiming to avoid stock shortages. The next-gen console is expected to use LCD screens instead of OLED to reduce costs, and it will continue to use physical cartridges. It remains unclear if the console will be backwards compatible with the Switch, but Nintendo likely wants to leverage the large install base of the Switch for its next product.
Sharp has confirmed that it is supplying LCD displays for a "new gaming console" in partnership with an unnamed company since the R&D stage. While it is unclear if the console is the successor to the Nintendo Switch, Sharp has worked with Nintendo in the past. Nintendo has lowered its forecast for Switch sales for the fiscal year ending March 2024, but current sales stand at a remarkable 125 million.