Super Smash Bros Rescue Nintendo Switch Console
Nintendo who recently witnessed a 34% crash in their shares due to lacklustre sales of their Switch console has a new revenue lifeline with their new “Super Smash Bros.” game.
The title picks famous characters from Nintendo and non-Nintendo franchises to fight each other, was first released for the Nintendo 64 system in 1999.
Earlier reports had sales of the Switch console slowing as consumers moved to PC gaming.
Amazon.com said that the new A$68 game was tracking well in early sales.
Japanese retailer Gzbrain said the popularity of the game was also lifting sales of the US $299 Switch console in Japan. the same console is selling in Australia for $399 or $549 with the Super Smash game included.
It sold 278,313 units in the week through Dec. 9, up from 107,450 units a week earlier.
Nintendo declined to provide recent sales figures, but a spokesman said “Super Smash Bros. Ultimate” was off to a good start. Information about the company’s holiday performance will be released when it reports October-December results next month.
Analysts expect Nintendo to sell 18 million to 19 million Switches during the current fiscal year ending in March. This is short of Nintendo’s goal of 20 million units.
Up to now sales of the Switch have been soft prompting concern that the machine’s success was peaking.
Nintendo’s stock price has declined more than 30% from the year’s high, reached in January and at one point was 34% down.
Investors have claimed that the Switch lacked blockbuster software titles from companies other than Nintendo.
Another setback was the weaker-than-expected performance of Nintendo Labo, a cardboard do-it-yourself kit that can be combined with the Switch machine to make a miniature piano, a fishing kit and other toys.