The top-selling video game console of the last two years has a new edition on the way.
Nintendo unveiled the Nintendo Switch OLED, a long-rumored update to the very popular hardware.
The OLED version features a larger, brighter screen and 64GB of storage — double that of the regular Switch. The console can be played as a handheld device or projected onto a larger screen.
The Switch has been a massive success, even in the face of stiff competition from Microsoft and Sony.
- The Nintendo Switch debuted in 2017 and was the top-selling console every month from September 2019, when the Switch Lite was debuted, to at least May 2021.
- Nintendo’s net sales grew 34.4% in the year ending March 31 to $15.9 billion, compared with the previous fiscal year.
- The Switch accounted for $15 billion, or 98%, of those sales.
The new console comes out on Oct. 8, and will retail for $349, a bump up from the Switch’s price of $299 and the Switch Lite at $199.
Nintendo stock saw a 2.49% bump on Tuesday, closing the day at $75.29.