Nintendo Co Ltd (OTC:NTDOY) has raised its sales forecast for the Nintendo Switch console to 15.5 million units for the current fiscal year. This announcement follows the company’s strong performance in the December quarter.

The “Super Mario Bros. Wonder” game, released in October, sold 11.96 million units, contributing to the overall sales of the aging console. Nintendo plans to launch new games in the first quarter of this year, featuring characters from the Mario world, such as Donkey Kong and Princess Peach.

See Also: If You Invested $1000 In Apple When Steve Jobs Returned To Apple 28 Years Ago, Here’s How Much You’d Have

Despite the ongoing success of the Switch, there is speculation about the release of a successor to the flagship console. Analysts anticipate a new Nintendo Switch to be launched this year, which has led to a 14% increase in the company’s Tokyo-listed shares.

Why It Matters: The future of Nintendo’s flagship console line, particularly the anticipated Switch 2, has been a topic of interest. Analysts have expressed skepticism about whether the new console will be as successful as the original.

Amid the anticipation for the Switch 2, Nintendo’s repackaging strategy has been under scrutiny. The unavailability of physical editions of popular Nintendo Switch games at various retailers has led to speculation about a potential re-release strategy ahead of the rumored Switch 2 launch.

Furthermore, Nintendo’s decision to discontinue online play for the Nintendo 3DS and Wii U has raised questions about the company’s future gaming strategy. The move has been seen as a challenge to gaming preservation, leaving these devices isolated from the online gaming world.

Read Next: Biden The Master Oil Trader Part III? President Refills Emergency Stash As Crude Price Slides

Image Via Shutterstock