Sony and Nintendo Report Rising Profits Despite Falling Console Sales

Sony and Nintendo console sales decline amid rising memory chip costs: Sony and Nintendo Console Sales: Both companies have reported rising profits, even as PlayStation 5 and Switch 2 sales fall sharply. Higher memory chip prices linked to the AI boom have pushed console makers to raise prices.

Sony and Nintendo Console Sales Decline Amid Rising Memory Chip Costs, Digi Mart USA News: Sony and Nintendo have recently reported rising profits. Yet an important business segment is struggling with sales at both companies.

PlayStation 5 sales fell 35 percent in the third quarter of 2026, while Switch 2 sales dropped 41 percent. Both consoles are currently selling poorly.

According to the source, the blame lies with the AI boom, which has driven up the cost of memory chips significantly. As a result, all major console manufacturers have been forced to raise prices, according to a separate Statista chart.

Despite the rising profits, concern among company leadership appears limited. Sony has even raised its annual forecast.

Nintendo is relying on the upcoming holiday season and continued strong software revenue.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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