Citing sources who were briefed by Nintendo’s plans, the Wall Street Journal reports that the company is intending to increase its production numbers for the Switch console in the financial year starting this April through March 2018. From 8 million units, Nintendo has increased that number to 16 million.
Takashi Mochizuki said in his article, “In the fiscal year starting April 2017, assemblers under contract with Nintendo are now planning to manufacture 16 million or more Switches, up from an initial plan for eight million, said people briefed on the plans. Even after accounting for inventory, that suggests Nintendo believes it can sell significantly more than 10 million units during the 12-month period, they said, beating expectations of many analysts.”
Kyle Orland of Ars Technica explains why this is a record for Nintendo:
“Nintendo only sold 13.5 million Wii U units in that console's entire four-year run on the market. The original Wii, meanwhile, shipped roughly 17 million units in its first full calendar year on the shelves (following a holiday-season launch), amid massive long-term retail shortages and on the way to selling over 100 million units over its lifespan. The PS4 sold just over 14 million consoles worldwide in 2014, after selling about 4 million units during its 2013 holiday launch.”
Nintendo is expected to release its earnings for the current fiscal year by April 27. The Verge believes that the company will not be making any comment about the report before then, and that the company may provide an optimistic forecast for the next fiscal year.


U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China
Countries Tighten Social Media Bans for Children
OpenAI AI Agent Swarm Behind Hugging Face Hack
Nvidia Eyes Perplexity Investment at $30 Billion Valuation
Nvidia Options Price in $280 Billion Earnings Swing
Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints
Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules
PayPal Shares Sink as $50 Billion Takeover Bid Collapses
U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies
Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears
New Zealand Labour Backs Social Media Ban for Under-16s
Luxshare Shares Rise as First-Half Profit Jumps 18%
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns
SK Hynix Shares Fall as Workers Reject Wage Deal
Google Expands Gemini Enterprise With AI Tools for Legal Sector 



