Nintendo to Unveil New Version of Top-Selling Switch

    • Nintendo unveiled the new model of its top-selling Switch console.
    • The new version features an OLED screen, better speakers and more storage.

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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.