Switch 2 records second fastest US console sales

The Nintendo Switch 2 sold 5.9 million units in the United States during its first 12 months on the market, making it the second fastest-selling console in the country's history. Data from Circana's May 2026 report showed the device outsold all other platforms that month. Meanwhile PlayStation 5 and Xbox hardware sales reached historic lows for the period.

According to Circana analyst Mat Piscatella, the Switch 2 reached 5.9 million units after one year, trailing only the Game Boy Advance which sold 6.5 million units in its first year. The console led both unit and dollar sales in May and remains the top-selling platform year to date.

PlayStation 5 unit sales fell 58 percent year on year to their lowest May total since 2000, while Xbox hardware recorded its worst May ever with a 12 percent drop. Average prices paid for new hardware rose to $502, up from $440 a year earlier, with PlayStation 5 averaging $672 and Xbox Series models $524.

Microsoft raised Xbox prices on June 25. Nintendo will increase Switch 2 pricing on September 1, following Sony's March increase for PlayStation. Component shortages linked to AI demand continue to drive costs higher, with Microsoft forecasting further doubling by autumn 2027.

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Nintendo Switch 2 console with price increase to $499.99 tag and September calendar in a realistic setting.
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Nintendo raises Switch 2 price to $499.99 from September

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Nintendo announced it will increase the price of the Switch 2 console by $50 starting September 1 in the US. The move affects the base model amid rising component costs and follows similar adjustments in other markets.

Nintendo announced its financial results for the period ending March 31, 2026, revealing strong initial sales for the Switch 2. The console has sold 19.86 million units worldwide since its launch last June, along with 48.71 million software units. Despite the success, the company has reduced its sales outlook for the next year.

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Nintendo has announced price increases for the Switch 2 console across several regions. The changes follow investor concerns over profitability and will take effect at different times depending on the market.

Microsoft announced higher prices for its Xbox Series X and S consoles starting August 1. The move marks the third increase since May 2025 and stems from rising storage and memory costs.

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Microsoft's Xbox hardware revenue fell 33 percent year-on-year in Q3 FY2026, despite overall company revenue rising 18 percent to $82.9 billion. Gaming revenue declined seven percent, prompting Xbox leaders to pledge renewed focus on core fans. The firm recently cut Game Pass prices in response to customer feedback.

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