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It's official — Nintendo Switch stock will be a nightmare this holiday season

It's official — Nintendo Switch stock volition be a nightmare this vacation flavour

Nintendo Switch OLED interface
(Image credit: Nintendo)

If you promise to observe a Nintendo Switch OLED this holiday season amongst the bevy of best Black Friday deals happening right now, it's time to atmosphere your expectations.

Last week, reports emerged that Nintendo would not be able to send as many Nintendo Switch units due to component shortages that keep to plague supply chains around the globe. Nintendo president Shuntaro Furukawa has at present confirmed that supply would be even lower than a previously amended sales target.

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"We can't produce enough to meet the need nosotros are expecting during the upcoming holiday flavour," said Furukawa during a news conference, every bit reported by CNBC. He announced that the Switch's sales target is now 24 million units. According to Nikkei, this is a down significantly from the official target of 30 million set up earlier this yr. Nintendo lowered that target to 25.5 million, and at present to 24 1000000, illustrating the struggle that even major companies with massive leverage are having.

"Currently there is no sign of improvement and the situation continues to be astringent so I tin't say how long it will keep," Furukawa added.

The slightly updated Nintendo Switch OLED launched final month to good, if muted, reviews. Even so, need for the unit remains high with systems hard to notice. And this is considering that the Switch line of consoles have already sold 89 meg units to date.

Serkan Toto, founder of the Kantan Games consultancy, told CNBC that he suspects new buyers aren't ownership upwards the Switch OLED; instead, current owners are upgrading. If that'south the case, some may trade in their erstwhile Switch units to stores such as GameStop or sell them used online.

Nosotros do suspect that used standard Switch and Nintendo Switch Light models will be available. Unfortunately, next-gen consoles such every bit the PS5 and Xbox Series X wait to continue to be elusive throughout the holidays.

  • More: Nintendo Switch Online is terrible — and it'southward but getting worse

Imad Khan is news editor at Tom's Guide, helping straight the day's breaking coverage. Prior to working at the site, Imad was a full-time freelancer, with bylines at the New York Times, the Washington Post and ESPN. Exterior of work, you tin can find him sitting blankly in front of a Give-and-take document trying desperately to write the first pages of a new volume.

Source: https://www.tomsguide.com/news/its-official-nintendo-switch-stock-will-be-a-nightmare-this-holiday-season

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