For comparison's sake, the same refurbished Switch is going for $319.99 in the My Nintendo Store, Nintendo's official online storefront, though it comes with a one-year warranty.

Nintendo’s latest earnings report is out and sales of the Switch console have plummeted after the Switch 2 rumors and announcement, exactly as you’d expect. Switch sales are now projected to hit 11.0 million for the year ending March, down from 12.5 million units forecasted.

Whereas Nintendo initially announced it was expecting to sell 12.5 million Switch consoles for the fiscal year ending March 31, 2025, it now expects sales to reach 11 million. Additionally, Nintendo originally modeled 160 million game sales for the fiscal year but is now expecting 10 million fewer, or 150 million.

Japan's Nintendo cut its full-year sales Switch forecast by 12% to 11 million units as the aging console loses momentum ahead of the launch of a successor device this year. Nintendo remains dependent on its console business even as it has opened stores and its roster of characters feature in theme parks and film.

The first Switch was tough to get at launch. It seems like Nintendo is trying to change that for the successor.