Nintendo Switch Will Continue To Sell Out At GameStop, Retailer Predicts

GameStop says it sells through its stock in a matter of days.

23 Comments

The Nintendo Switch helped retailer GameStop have a positive quarter, and the store commands the largest marketshare for Switch of any retailer, it said today. The "strong demand" for the hard-to-find console is expected to continue through the holiday season, management said during an earnings call this afternoon.

The store said every time it receives a new allocation of Switch units, they sell through in a matter of days in-store and online. Don't expect the console to become any easier to get a hold of, especially as the holiday season approaches.

"We continue to see strong demand for the switch and sell out of our inventory in a matter of days of it being available [in-store and on GameStop's websites]," GameStop said. "We believe this will continue through the holiday."

GameStop had "leaking market share" for Nintendo Switch during the quarter ended July 29, beating out competitors like Amazon and Walmart. As a result, new hardware sales overall at GameStop were up 14.8 percent year-over-year, a figure that is notable given declining prices of the PS4 and Xbox One. It also stands out when compared with the performance of software: new game sale were down 3.4 percent and pre-owned sales dropped 7.5 percent, with "lagging Xbox One sales" called out specifically as the reason.

For more on GameStop's earnings report today, check out GameSpot's full breakdown.

Worldwide, Nintendo Switch sales stand at 4.7 million units as of June 30. Nintendo has not announced a new sales figure since.

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Avatar image for Elranzer
Elranzer

"Days" is an improvement from "minutes" for those still seeking a Switch.

Avatar image for visforvictory
visforvictory

This is playing out EXACTLY like the Wii. Nintendo kept up good momentum as long as they kept the false shortage going.

BUUUUUUT, once the gimmick wore off, Nintendo flooded the market with crap titles and people dropped the Wii like a hot potato. Honestly, the switch is the true successor of the Wii with the wireless joycons, and motion controls. Nintendo's holy trinity of franchises is Mario, Zelda, and Metroid. Beyond these games though, there is a ton of crap games.

Avatar image for Elranzer
Elranzer

@visforvictory: Wii was home to Super Smash Bros Brawl, Trauma Center, Wii Fit, WarioWare Smooth Moves, Xenoblade, Tatsunoko vs Capcom... plenty of good stuff on it.

Avatar image for deactivated-5a191f2c70ab1

Nintendo made it's peace with being secondary console and i think it suits them just fine,as does "limited supply scam". I think it's cool. In my eyes they are definitely better than Microsoft.

Avatar image for inkman66
inkman66

@blood-souls I agree. A great salesman told me years ago that he would rather be second on 100 peoples list than first on 25 peoples list. Now if Nintendo will just make peace with the Switch being a handheld you can play on your tv instead of a "console" .......

Avatar image for Thanatos2k
Thanatos2k

"You should totally get a Switch from us immediately!" says company that sells Switches.

This story is blatant advertisement. I hope Gamestop paid you well Eddie.

Avatar image for Elranzer
Elranzer

@Thanatos2k: GameStop... GameSpot... there might be something there.

Avatar image for dragonsama
dragonsama

It's not hard to sell out when every store only gets 2 of them since Nintendo love their "limited supply" scam

Avatar image for fig56
fig56

@dragonsama: False. Saw at 3 at Walmart on Monday. 4 at Target today. 5 at Toys R US just last week. I go shopping for Amiibos a lot in case your wondering. They are readily available. Really that hard to believe that people are buying them faster than Nintendo can make them? If it is a "scam" it's sure working for them isn't it?

Avatar image for smashthestars
smashthestars

@fig56: I go to target every weekend and theres 2-4 every time I've gone and looked out of curiousity.

Avatar image for water1
Water1

This is shit, it's perfect for me and I can't get one. Not gonna buy a tv.

Avatar image for lostn
lostn

@dragonsama: Didn't Nintendo say they would double production from 9M to 18M units this year?

Avatar image for Thanatos2k
Thanatos2k

@lostn: Nintendo says a lot of things.

Avatar image for doctor_mg
Doctor_MG

@lostn:

Close, from 8 million to 16 million for the rolling year (March 2017 to March 2018).

Avatar image for lostn
lostn

@doctor_mg: Well we shouldn't be getting shortages then.

Avatar image for doctor_mg
Doctor_MG

@lostn:

Depends on how much it's selling. If they are getting stock shortages and they are still meeting their quota then they've kept their end of the bargain. If we are getting stock shortages and they don't meet their quota then, well, it shouldn't be happening.

Avatar image for lostn
lostn

@doctor_mg: I don't think they're meeting their quota. They lost June to PS4. That shouldn't be happening. A 4 year old console losing to a new one?

Avatar image for doctor_mg
Doctor_MG

@lostn:

PS4 is selling really well (heck they sold something like 8 million consoles in 3 months last year), and Crash was a big bolster in sales it seemed. PS4 has a lot of sales power behind it.

Also, Nintendo are still doing extremely well in Japan.

We will see if they meet their quota or not. I've started seeing more Switch's in stock at places like Best Buy lately. Right now they are at around 5.5-6 million Switch's sold in 5 months which means they are at least increasing stock from what they originally quoted.

Avatar image for agramonte
agramonte

Err, well that means they averaging 665K a month to retail globally after March - sure it will sell out. So basically the PS4 outperformed the Switch for the 3 month quarter ending on Jun30th (2m vs 3.3M). Nintendo is such a mess, even when popular they find a way to muck it up.

Avatar image for gamingdevil800
gamingdevil800

@agramonte: I thought the PS4 still outsold the switch in July worldwide but the switch managed to be the top seller in the USA again?

Avatar image for agramonte
agramonte

@gamingdevil800: I dont know about July. Last quarterly report from sony (april1-Jun30) has 3.3 mill PS4 worldwide. Nintendo Reported 4.7 as of Jun30th (deduct the 2.7 They reported end of last quarter) so that would be 2million for the April-Jun.

You would need to wait for the next quarter report for July.

Avatar image for jimclirad
JimClirad

@gamingdevil800: That's exactly it, because worldwide, Switch is constrained, but PS4 continues to top it outside the US, which by the way isn't exactly losing that much to the US when it comes to overall sales, because it's able to top it worldwide.

Avatar image for Thanatos2k
Thanatos2k

@jimclirad: Nintendo can't even beat the PS4 in Japan?