Technologies
70% of Gen Z and Millennial Gamers Are Ready to Purchase a Switch 2, CNET Survey Finds
Gen Z gamers spend nearly $700 a year on new games and subscriptions. And they’re looking forward to the new Switch model the most.
The time has finally come for a new Nintendo console. Eight years after the launch of the original Nintendo Switch, the storied gaming company will release details on its highly anticipated successor, the Switch 2, this week.
On Wednesday, April 2, Nintendo will unveil its hybrid gaming console, which can be handheld or connected to a TV. The original Switch gained popularity with different variations, including the Switch Lite and the OLED model. Further, Nintendo remains the only place gamers can enjoy beloved franchises like Mario, Zelda and Animal Crossing.
The gaming world has evolved since the first Switch hit the scene. Nowadays, 4K graphics, virtual reality, streaming, game subscriptions and social play are increasingly important to many gamers. The new Switch has the opportunity to catch up to the technology of competitors like the Xbox Series X and Sony PlayStation 5 while maintaining a family-friendly, portable format that’s more accessible to everyone. Gamers everywhere are excited about what Nintendo will reveal next.
A new CNET survey finds that over half of US gaming adults (58%) are interested in buying the Switch 2 but are considering a few factors ahead of the launch. By the numbers, 27% are looking for an affordable price tag, while others hope new games for the Nintendo franchise and improved technology will meet their expectations.
And after years of waiting, loyal Nintendo gamers are ready for a new and improved system — and to pass down the older one. However, the big question is, will the Switch 2 deliver?
Here’s what CNET’s latest gaming survey found and the big Nintendo moments our gaming editors say you don’t want to miss.
Gen Z hopes the Switch will bring better games and performance
CNET found that 70% of Gen Z gamers and 71% of millennials who identify as such are interested in the upcoming Switch model. What’s most interesting is Gen Z’s hopes for the new console and how they view gaming.
Nearly one in four (23%) of Gen Z respondents are looking forward to new games for Nintendo franchises, while 30% are looking forward to improved technology such as a bigger screen and better graphics. Above all, the top factor for deciding whether or not to buy the Switch was an affordable price (31%). CNET Editor-at-Large Scott Stein, who writes about gaming devices among other things, wasn’t shocked by any of this.
«It definitely sounds like those results favor the Switch 2’s existence,» said Stein.
Here’s a closer look at the factors Gen Z gamers and US gaming adults overall consider when deciding to upgrade to the Switch 2 and what experts think about the data.
Read more: Nintendo Switch 2 Preorder and Release Date Leaked by Retailer
The no.1 factor is the console price
Compared to other gaming consoles, Nintendo hasn’t been the most expensive on the market, which makes it a budget-friendly gaming option for some compared to a $500 Xbox Series X. Stein predicts that the Switch 2 will cost less — around $400, which Gen Zers may be a lot more willing to pay if they don’t want to spend as much on a console. In comparison, when the first Switch was released, it cost $300.
«Gen Z knows the tech landscape and doesn’t want to pay a lot,» said Stein. «The Switch 2 could make a play for a middle ground.»
Stein also pointed out that if Gen Zers love the usual Nintendo games, they’ll likely buy the newer Switch model. However, it could depend on how much support big-name publishers give the Switch 2 for popular games that could make the new console worth the sticker price for them.
It’s all about the Switch’s performance and unique features, too
As one of the youngest gaming generations, Gen Z hopes that Nintendo will deliver higher-resolution graphics with the upcoming release, which could meet Gen Z’s expectations — like we see with PlayStation and Xbox. Since this generation was much younger when the first Nintendo Switch was first released, Stein said this is the first time they can weigh in on the Nintendo franchise’s graphics and capabilities.
Beyond graphics, Gen Z is also looking at what makes the Switch stand out.
For example, Nintendo has teased the possibility of using the Switch’s Joy-Con as a mouse. That might not move the needle for making the purchase, but Gen Z is looking for something different and will make the purchase worthwhile, said David Lumb, a senior reporter at CNET.
They’re spending more on gaming, but intentionally
Even though the younger generation is weighing the console price, let’s not forget about the no. 1 factor for the younger generation considering the Switch 2: the availability of games. «Gen Z, with its disposable income, is choosing to focus on a couple of games and going a little bit on that, rather than having a broader [array] of games, especially if their socialization is based on those one or two games,» said Lumb.
Lumb also said there’s a chance Gen Z will initially wait to see if more games come out to justify the price of the Switch 2, especially since they already have forever games they’re socially playing with friends.
Yet this generation spends the most on subscriptions and gaming.
Gen Z spends an average of $56 per month on subscriptions and/or new games, compared to US gaming adults as a whole, spending an average of $35 per month. That’s an additional $252 per year for the youngest surveyed generation.
Beyond buying new games and paying for subscriptions, there’s a chance this monthly amount could be spent on in-game purchases for games that Gen Z gamers may only buy once a year. However, they could spend the monthly amount on customization, upgrades and other in-game purchases, said Lumb. For example, think about in-game cosmetics and items you can purchase in Fortnight.
Read more: Nintendo Switch 2: Release Date Rumors, Everything We Know So Far
Why the Switch 2 is gaining traction for US gamers
More than half (58%) of US adults that game want to buy the Nintendo Switch 2. The big question is why.
For loyal Switch gamers, the format and games are fun, and gamers are ready for the next iteration of it, Lumb said.
«I think it’s just people are excited to see the next version of this, but I also think it’s excitement, not a guarantee people are going to buy it,» Lumb said. For US adults, here’s what would persuade them to buy the new Switch.
The big Switch moments our editors and gamers are hoping for
Lumb and Stein said we shouldn’t plan on any major changes for the Switch 2. While Wednesday’s Nintendo Direct will tell us more, here are a few possibilities that gamers and our experts are looking forward to based on survey findings.
Better performance to lure popular games
Aside from the price of the console, the two biggest factors for buying the Switch are improved technology and game availability. However, to have both, big-name popular games need better performance to offer more than Nintendo’s usual titles.
Nintendo hasn’t been focused on performance like Xbox and PlayStation — which perform similarly to a personal computer, said Lumb. Instead, it has focused on offering unique games.
«Nintendo is really going for style over the latest and greatest, which is fun. However, the original Switch suffered in terms of porting top-end games,» said Lumb. «So hopefully, we will see a performance boost to at least be able to get a decent amount of these leading games.»
A new Nintendo subscription plan
Currently, Nintendo offers Nintendo Switch Online, which allows cloud data storage, online gameplay and a library of Nintendo games. Our editors are eager to see if Nintendo’s big announcement will include changes to the existing subscription to offer more to gamers.
Stein wonders if Nintendo will do a fun subscription for the Switch 2, and whether or not the special offers will be available to all Switch owners. For example, there’s the possibility of a subscription tier that includes Switch games and special offerings for a certain amount more per month. Think about playing the new Mario Kart for free with the subscription.
But it all depends on Nintendo’s proposition for the Switch 2 and whether it’s planning any subscription changes with the new release. And the big question is, would the offers only be for the Switch 2 or all Switch users?
Special features and upgraded technology
So far, specs rumored for the Switch 2 include an 8-inch LCD screen, an eight-core Arm Cortex A78C CPU and a 5-watt draw for battery life.
Occasionally, Nintendo has a way of impressing us technologically, which could be interesting with the upcoming console release. «It’s funny because we always write off Nintendo as not being about graphics or necessarily about tech, but they do have moments that they push the envelope on tech,» said Stein.
There’s also a chance for artificial intelligence upscaling and an Nvidia processor. But one of the features Stein is hopeful for is the Switch 2 being backward compatible. That means your older Switch games will be compatible with later Switch models and the Switch 2.
«I would totally expect that Nintendo hedges its bets in a clever way so that people who don’t want to spring the money right now won’t feel totally left out,» said Stein.
Stein said that would be welcome news for loyal Nintendo customers, who may consider buying the newer model later on. And when they do, they’d already have a library of games since the Switch 2 would be backward compatible.
Methodology
All figures, unless otherwise stated, are from YouGov Plc. The total sample size was 2,369 adults, of which 1,290 were gamers. Fieldwork was undertaken between March 19 and 25, 2025. The survey was carried out online. The figures have been weighted and are representative of all US adults (aged 18 and over).
Technologies
Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance
Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.
Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.
The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.
Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.
Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.
Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.
The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»
Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.
Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.
At Monday’s close, the stock had dropped 14% year-to-date.
Technologies
OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report
OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.
OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.
Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.
‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’
Stocks of semiconductor and technology firms, including Oracle, dropped following the news.
The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.
Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.
This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.
Read the full report from The Wall Street Journal.
Technologies
OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift
OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.
Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).
AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.
‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.
Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.
OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.
‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’
A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.
Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’
On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.
OpenAI and Amazon have been getting closer in other ways.
In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.
Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.
The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.
‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’
WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know
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