Saturday, September 23, 2017

Nintendo Dramatically Over Delivered On Switch Stock, Demand Still Outpaces Supply

Nintendo president Reggie Fils-Aime has spoken to Mashable about many things Nintendo, but inevitably spoke about Nintendo Switch stock. Reggie says that the company actually over delivered on manufacturing Nintendo Switch units, but it just a case of demand for the system outpacing supply.
“As we look at the overall business, we’re constantly looking to do the right thing for the consumer,” Fils-Aime said. He brought up the Switch, Nintendo’s newest console, as an example. The company made 2 million units available at launch, despite, Fils-Aime said, analyst recommendations that demand would be much lower.
“We actually sold through almost 2.8 million units, so we dramatically over delivered. And yet, demand outpaces supply,” he said. “So what do some of the consumers on Reddit say? ‘Gosh, Nintendo, if you would’ve made more you would’ve sold more.’ Well, we did make more! And certainly we’re on a pace to supply in the current fiscal year 10 million units.”
Fils-Aime believes Nintendo is delivering on all the expectations fans have, albeit not at the rate in which they might prefer it to happen.
“I think if you were to go back and look at some of these comments, you would actually see that the issues have been resolved, but it’s happening at a pace that is later than maybe where the commenters would like the resolution to be,” he said.

“But it happens. And the solution is there.”

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