Nintendo’s stock rose sharply after announcing that the upcoming Switch will play current Switch games. Following a drop in share prices due to lower-than-expected Switch sales and reduced financial forecasts, the company’s value increased by 5.8% on November 6.
Nintendo President Shuntaro Furukawa made a clear statement about the new console’s features. Players will keep access to their existing Switch games and enjoy new releases designed for the platform. The company plans to share more details about the next console later.
Inside Look at Nintendo’s Next Gaming System
Recent leaks have given us a look at what could be the actual Switch 2 hardware. The images, which first appeared on a Chinese website, show several interesting features. The device sports an 8 inch LCD screen, larger than its predecessor, and redesigned Joy-Cons with magnetic attachments. Technical upgrades include dual USB-C ports and expanded storage options through a Micro-SD card slot.
The hardware specs suggest a major performance upgrade, featuring 12GB of RAM, triple the amount found in the original Switch. The extra power suggests better gaming performance while keeping the popular hybrid design of the original Switch.
The original Switch has been incredibly successful since its 2017 launch, selling over 146 million units and more than 1.3 billion games. The platform maintains a strong user base of 127 million active players even after eight years in the market.
Nintendo has officially stated they will announce the new console before April 2025. Market experts suggest the announcement might come in January 2025 at the earliest, with the release date expected sometime after April. The company confirmed that Nintendo Switch Online will work on the new console, making it easy for current subscribers to switch over.
The announcement of backwards compatibility has pleased investors, who view it as a smart way to build on the Switch’s success. This decision keeps the large game library players already have and allows for new gaming experiences on improved hardware.
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