The Nintendo Switch has sold 34.74 million units worldwide since launching on March 3, 2017, according to the latest figures from Nintendo. 

That puts it way ahead of its predecessor the Wii U (13.56 million lifetime sales), and older siblings like the GameCube (21.74 million units) and the Nintendo 64 (32.93 million units). The Wii, however, remains Nintendo's best-selling home console with lifetime sales of 101.63 million units.

The Switch had just passed the 32 million mark at the end of December 2018, meaning another 2.5 million units have been sold since the turn of the year. 

As noted in Nintendo's latest financial report, 16.95 million of those sales came during the past financial year, although that's significantly less than the 20 million units Nintendo had hoped to sell at the start of the year.

Even though the Switch failed to meet those initial sales expectations, it was still the best-selling console in the U.S. during 2018, and has been since the turn of the year. According to recent rumors, Nintendo is also keen to give the console a shot in the arm by launching a more affordable model with a focus on portability later this year.

Moving forward, the company expects to move another 18 million consoles in the fiscal year ending March 31, 2020. If that proves the case, we should see the system surpass 50 million lifetime sales in the next 12 months.