Menu

Search

  |   Technology

Menu

  |   Technology

Search

GameStop Runs Out Of Nintendo Switch Units Before Launch, No More Pre-Orders

Nintendo Switch.BagoGames/Flickr

Nintendo recently announced details regarding its upcoming portable home console called the Switch, providing gamers with the nitty-gritty details that they have been looking for. As such, it’s not a huge shock that pre-orders for the unit have surged so far that GameStop no longer has any to offer, and the Switch hasn’t even launched yet. While gamers seem excited, however, investors feel differently.

As of right now, GameStop has stopped taking pre-orders for the Nintendo Switch because its allotment of the console has been blown through, Polygon reports. Looking at other major retailers to pre-order the unit is also likely a useless endeavor because it isn’t available anywhere else.

The Switch is scheduled to become available for purchase on March 3rd, which is when it will become available to retailers like Amazon, Target, and Toys R Us. Both Walmart and Best Buy also have the product listed as unavailable right now.

The games that are coming with the Switch on launch, however, are a different story since some of them are still available for pre-order. Then again, since those games aren’t going to be worth anything unless the customer had the console, it might not be worth it to actually get them to begin with.

Even though gamers are showing enthusiasm in supporting Nintendo with its latest console offering, it would seem that investors have a rather cool view of its prospects. The Japanese video game company’s shares dropped by 5.9 percent last Friday, Bloomberg reports, and the stocks plummeted by 3.6 percent on Monday.

The drop started trickling in when Nintendo released details about the Switch, including battery time, specs, and the games that are going to be available during launch. Over the weekend, Nintendo’s market value decline stood at $2.7 billion. Everything hinges on the company’s bet that the console would take off.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

May 26 13:00 UTC Released

MXJobless Rate SA

Actual

3.6 %

Forecast

Previous

3.50 %

May 26 13:00 UTC Released

MXJobless Rate

Actual

3.5 %

Forecast

3.32 %

Previous

3.20 %

May 26 14:00 UTC 5454m

USU Mich Sentiment Final

Actual

Forecast

97.5 %

Previous

97.7 %

May 26 14:00 UTC 5454m

USU Mich Conditions Final

Actual

Forecast

112.5 bln $

Previous

112.7 bln $

May 26 14:00 UTC 5454m

USU Mich Expectations Final

Actual

Forecast

87.9 bln $

Previous

88.1 bln $

May 26 14:00 UTC 5454m

USU Mich 1Yr Inf Final

Actual

Forecast

Previous

2.6 %

May 26 14:00 UTC 5454m

USU Mich 5-Yr Inf Final

Actual

Forecast

Previous

2.3 %

May 26 14:30 UTC 8484m

USECRI Weekly Index*

Actual

Forecast

Previous

144.5 %

May 26 14:30 UTC 8484m

USECRI Weekly Annualized*

Actual

Forecast

Previous

5.0 %

May 26 14:30 UTC 8484m

BRPrimary Budget Surplus*

Actual

Forecast

5.000 bln BRL

Previous

-11.047 bln BRL

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.