Technology

Nintendo Confirms Backward Compatibility for Next Console: What This Means for Gamers

2024-11-06

Author: Benjamin

In an exciting announcement, Nintendo has revealed that games from the beloved Switch will be playable on its upcoming gaming console. During a management policy briefing on Wednesday, President Shuntaro Furukawa emphasized the company's commitment to delivering backward compatibility, stating it is the “optimal” choice considering the Switch's immense popularity.

This move means that fans will be able to enjoy their existing library of Switch titles while also exploring new games set to release alongside the new console. "Customers will be able to enjoy the games they own and choose their next title from the lineup of games already on the market," Furukawa added, reassuring gamers about their investment in the Switch.

The news sent Nintendo’s stock soaring, with shares rising 5.8% on the announcement. This follows a period of growth for the company, which has been exploring various avenues beyond gaming, including films, merchandise, theme parks, and music ventures. One such endeavor is the anticipated sequel to *The Super Mario Bros Movie*, which grossed over $1.3 billion globally and is set to hit theaters in 2026.

However, the announcement comes at a time when Nintendo has faced challenges. The company recently reduced its annual sales forecast by 7% to 12.5 million units, citing a sharp decline in net profit—down 60% for the first half of the year. Sales of the Switch itself have dipped by 31% during the April to September period, as gamers have been holding off purchases in anticipation of a new model.

Since its launch in 2017, the Switch has become one of the best-selling consoles in history, partly due to its unique ability to switch between handheld and TV mode. The console enjoyed a massive uptick in popularity during the COVID-19 pandemic, allowing families and individuals to stay entertained at home.

As the gaming community prepares for the next chapter in Nintendo's legacy, many are left wondering what innovative features the new console will bring to the table. Stay tuned, as we will keep you updated with the latest developments from this gaming giant!