- Nintendo Switch 2 is now the second best-selling video game hardware in US history.
- The console sold 5.9 million units by the end of its first year of release.
- PS5 and Xbox Series consoles have seen a drop in sales due to price increases
The Nintendo Switch 2 just hit a huge sales record in the US in its first 12 months of release, but Xbox and PS5 console unit sales have seen a sharp drop.
According to a new report from Circana, the Switch 2 was the best-selling hardware platform in both units and dollars in May and 2026 so far this year, achieving a US installed base of 5.9 million units by the end of its first year of release.
This makes the Switch 2 the second best-selling video game hardware in US history, behind the Game Boy Advance, which sold 6.5 million units in its first year.
Thanks to the Switch 2, total spending on gaming hardware has increased 38% to $249 million compared to a year ago.
However, due to recent price increases, spending on PS5 decreased by 43% and saw a significant 58% drop in unit sales, while spending on Xbox Series hardware grew by 7% year over year, but unit sales fell by 12%.
As a result, “PlayStation hardware unit sales fell to their lowest May total since May 2000, while Xbox hardware unit sales were the lowest ever recorded for a May month.”
Microsoft announced yesterday that starting August 1, 2026, the price of Xbox Series X and Series S consoles will increase by $100 for 512GB models and $150 for 1TB models. The company will also discontinue its 2TB model, as a result of the current memory crisis.
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