Nintendo Switch 2 June Release Drives Lottery Sales, Stock Hits Record Ahead of May 8 Earnings; 100M Units Projected

Nintendo's Switch 2 console, released in June 2025, has sparked intense demand with expectations that it may take over a year for the device to be widely available. The second round of lottery-based sales began on April 28, 2025, alongside anticipated high demand for lotteries at consumer electronics retailers, contributing to the scarcity and platinum status of reservation rights. Analysts have responded positively to the launch, with some recommending buying Nintendo stock, citing the Switch 2 as marking a historic shift for the company. Nintendo's stock reached a record high ahead of its earnings announcement scheduled for May 8, 2025, fueled by optimism surrounding the new console. Industry figures, including Trip Hawkins, project that the Switch 2 could exceed 100 million units sold despite challenges facing the gaming sector. However, concerns have been raised about the new console's dock and the broader implications for game preservation in 2025.