

Nintendo president and chief executive officer Shuntaro Furukawa threw cold water on the rumor in a briefing with investors following the release of the company’s latest earnings report. In no uncertain terms, Furukawa said there are “no plans” to launch another Switch console this year, and instead will focus on the current iterations.
“Regarding Nintendo Switch, we believe that it is important
to continue to communicate the appeal of both Nintendo
Switch systems and expand the installed base. Please note
that we have no plans to launch a new Nintendo Switch
model during 2020,” Furukawa said.

“According to the conventional
wisdom for dedicated video game platforms, Nintendo
Switch should be entering the midway phase of the
hardware lifecycle. But we believe we have built a
foundation on which we can pursue further growth
opportunities for Nintendo Switch,” Furukawa added.
In other words, the Switch is performing fantastically, and Nintendo believes it can keep the momentum going without a hardware refresh. And he’s probably not wrong. The Switch has been successful without focusing on raw horsepower, and looking at the numbers, there is little reason to believe that will not continue to be the case throughout 2020.
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