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Switch 2 will not be released in 2024 and the shareholders are not happy

Switch 2 will not be released in 2024 and the shareholders are not happy
Álvaro Arbonés

Álvaro Arbonés

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We are all waiting for the Nintendo Switch 2. After years of rumors and the fact that Nintendo Switch has not only been a sales success, but has also proven to be an excellent console, everyone wants to see what Nintendo has in store next. But the latest information we have received says that we will have to keep waiting. Not much longer, but a little longer than expected.

Nintendo Switch Online DOWNLOAD

If until now it was expected that Nintendo Switch 2 would be released during the last quarter of 2024, according to journalist Pedro Henrique Lutti Lippe, along with several other sources confirming what he says, the console will be released during the first quarter of 2025. A brief delay that would be within expectations. But it has not been well received by shareholders.

According to Bloomberg’s report, Nintendo’s shares on the Tokyo Stock Exchange have fallen by up to 8.8%, settling at a 5.8% loss in value. This comes after reaching a record high last week, reaching 8,874 yen, around 55 euros at the exchange rate, following the leak of the release of Nintendo Switch 2 for this year. After the drop, Nintendo’s shares have fallen to 8,410 yen, around 52 euros. A very high figure for Nintendo, but it represents a decline.

Although this decline may continue further if Nintendo does not announce new games for the second half of the year to cover the absence of its console, this does not mean that there is not a good reason for the delay in the console’s release. If we take into account the information that has reached us, if Nintendo Switch 2 does not arrive until 2024, it would be because Nintendo would be looking to have more high-quality first-party games for the console’s launch. A move that would align with the company’s interests.

Why? Because historically, a good catalog of exclusive games released with the console has helped boost its sales. If Nintendo Switch 2 is released with more and better Nintendo exclusive games, it is more likely to drive more hardware sales. In addition, with that extra quarter, they may be able to secure some more third-party releases. This may cause their stock prices to fall in the short term, but if that’s the case, it is likely to benefit them in the medium and long term. And also our ability to enjoy their new console. Even if it means that it is doubtful that they will announce it during the next month of March.

Nintendo Switch Online DOWNLOAD
Álvaro Arbonés

Álvaro Arbonés

Cultural journalist and writer with a special interest in audiovisuals and everything that can be played. I'm not here to talk about my books, but you can always ask me about them if you're curious.

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