Nintendo says it won't reveal cheaper Switch at E3

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The Switch has a long way to go before it tops titanic sells like the 3DS (75 million units), the Game Boy Advance (81 million units) and the reigning DS king (154.02 million sales). A more budget-friendly version of the Switch - which now retails at $299 and is hardly ever on sale in the U.S. - could help Nintendo ship more units. But though Nintendo Chief Executive Shuntaro Furukawa praised Tencent and the partnership on Thursday, he said Switch sales in China wouldn't begin soon.

Nintendo's recovery since the launch of the Switch has made more than a few headlines and the company's latest console can claim another milestone after the end of their 2018-19 financial year. Nintendo's overall operating profit for the year was $2.2B, up from 1.6B last year.

Nintendo managed to sell a healthy 2.47 million Switch units in the quarter that ended 31 March, with total sales hitting 34.74 million. Analysts predicted 18.5 million, but Nintendo expects to achieve 18 million sales this year.

The Nintendo Switch is no different. Following this report, Nintendo CEO Shuntaro Furukawa has chose to clear the air on the matter and declare that the video game company has no intentions of revealing new hardware for the Switch during E3 2019.

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Digital software sales on Switch brought in ¥118.8 billion ($1.06 billion), an 95.4% increase year-over-year (yoy).

This much has been confirmed during a recent Nintendo earnings event, with Furukawa saying that there was nothing to announce in regards to possible new hardware for the Switch. To be clear, any new Switch model would be separate from the existing Switch.

An earlier report from Bloomberg had said that Nintendo could release a new low-priced Switch model as early as June.

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