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  • 8 months ago
Nintendo’s Switch 2 launched Thursday to a fan frenzy and widespread shortages, according to CNBC. The gaming giant aims to ride the console’s momentum to sustain a stock rally that’s seen shares rise nearly fivefold since the original Switch's 2017 debut. The console’s debut, hailed as “the biggest console launch of all time,” saw 2.2 million lottery entries in Japan alone, surpassing Nintendo’s supply. Kantan Games projects 20 million units in the first year, and Omdia expects 14.4 million units sold in 2025. Early demand suggests the Switch 2 may rival its predecessor’s 152 million unit milestone.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Nintendo Switch 2 launched Thursday in a fan frenzy and widespread shortages, according to CNBC.
00:07The enemy giant aims to ride the console's momentum,
00:10sustained a stock rally that's seen shares rise nearly fivefold since the original Switch's 2017 debut.
00:16The console debut, hailed as the biggest console launch of all time,
00:19saw 2.2 million lottery entries in Japan alone, far spassing Nintendo's supply.
00:24Canton Games rejects 20 million units in the first year,
00:27and Odea expects 14.4 million units sold in 2025.
00:31Early demand suggests the Switch 2, a rival of its predecessors, 152 million unit milestone.
00:37For all things money, visit Benzinga.com slash GSTV.
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