There have been many rumors of Nintendo working on a successor to the Nintendo Switch. Fans have been anticipating the console ever since the initial rumor surfaced. A recent financial report revealed information on the success of the Switch. Meanwhile, President Shuntaro Furukawa shared some news that had fans disheartened.

Furukawa shed light on the remarkable success of the Nintendo Switch which launched in 2017. This success can be attributed to a special-edition Switch featuring the hugely popular The Legend of Zelda: Tears of the Kingdom. While such special editions are keeping players engrossed in the hype of the Switch, many fans are waiting for the announcement of the Switch 2. However, the anticipation ended when Furukawa made an announcement debunking the two popular rumors about the Switch 2.

Shuntaro Furukawa addresses rumors surrounding the Nintendo Switch 2

Despite the widespread anticipation for a successor to the Nintendo Switch, President Furukawa refrained from making any official announcements during the press conference held on November 7. Although rumors and speculation regarding the successor’s features and release date have circulated on various online news platforms, President Furukawa dismissed many of these as “inaccurate.”

He stated, “Rumors are circulating mainly on the Internet as if they were public information, but they are inaccurate.”

Nintendo had previously hinted at the existence of a second-generation console to a specific software developer in 2022. However, Nintendo later denied any official confirmation of such a device, even after showcasing a new console at an overseas event in the summer of 2023.

Nintendo also applied for a patent related to a two-screen game device. However, President Furukawa clarified that its incorporation into future products was not confirmed. This news provided insight into Nintendo’s plans for the future. However, many fans were disappointed to learn that there was no new console forthcoming for the time being from Nintendo’s side.

Other information disclosed during the Nintendo Financial Report

Nintendo witnessed a substantial increase in its interim consolidated financial results, reporting a year-on-year profit rise of 17.7% to a total of 271.2 billion yen. This marks a record high for their interim financial performance.

Sales also exhibited a remarkable surge of 21.2% to 796.2 billion yen, reaching the second-highest level in their history for an interim settlement. The notable success can be attributed to the popularity of Nintendo’s flagship game console, the Nintendo Switch.

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Nintendo reported the sale of 6.84 million Nintendo Switch units during the specified period, indicating a 2.4% increase from the same period in the previous year. It’s worth noting that they had set an ambitious target to sell 15 million Switch units by March 2024.

Going by how things are looking for Nintendo, it does not look like the company sees the need for a new console. With the Switch still being one of the most popular consoles, Nintendo reveals that there are no plans for a new console. With the two biggest rumors about the Switch now debunked, it will be interesting to see where Nintendo goes from here.

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