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Nintendo Cuts Switch Sales Forecasts
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
Nintendo cuts annual profit forecast 10% as Switch sales slow
Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console lost steam.
Nintendo profit dips as demand for Switch console wanes
Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60 per cent in the first half of the fiscal year.
Inverse
3h
Nintendo Just Revealed the Demand for Switch 2 Is Stronger Than Ever
Nintendo just cut back its profit forecast for the current fiscal year, according to Reuters. The Japanese tech company ...
NBC Washington
1d
Nintendo cuts Switch sales forecast as demand for ageing console wanes
In the past, the company said that the
Switch
successor will be announced in its current fiscal year, which ends in March ...
TechSpot
1d
Nintendo reports 60% plunge in YoY profit for the first half as the Switch shows its age
In brief: Nintendo is experiencing a financial hangover after a great run with its
Switch
console. The company has reported a 60 percent drop in
profit
for the first half of its fiscal year ...
Reuters on MSN
8h
Ferrari's core profit rises despite shipment dip after software switch
Ferrari's
profit
growth was supported by its richer model line-up and increased demand for personalisation, those touches ...
18h
Nintendo Cuts Annual Profit Forecast by 10% as Switch Sales Slow
TOKYO (Reuters) - Nintendo on Tuesday cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ...
The Sunday Business Post
18h
Nintendo sees bigger profit decline on faltering Switch demand
The company has struggled to maintain sales of game hardware and software as consumers sow spending to await the announcement ...
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