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Nintendo cuts sales forecast
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 cuts profit guidance on reduced Switch sales forecast
Nintendo
on Tuesday trimmed its sales and
profit
guidance for the March-ending fiscal year, citing reduced demand for the
Nintendo
Switch.
Nintendo
reduced by 7% its estimate of
Nintendo
Switch sales, to 12.5 million units, as it also lowered its software ...
Nintendo Chief Insists Switch Momentum Will Keep Going, Even
Nintendo Chief insists the Switch momentum will keep going, even after its successor
Japanese video game maker Nintendo's chief says its Switch console sales are still going strong, while he promised that a successor is coming.
Nintendo: Switch's Successor Will Be Backwards Compatible With Switch Games
Nintendo president Shuntaro Furukawa revealed with a post on the official Nintendo X (formerly Twitter) account on Tuesday that games for the Nintendo Switch system will remain playable on Switch's planned successor.
Nintendo Switch Successor Will Be Backwards Compatible
The Nintendo Switch successor will be backwards compatible Nintendo announced today, as information about the console trickles out.
Bloomberg L.P. on MSN
4h
Nintendo Jumps as Investors Anticipate Next-Gen Console Reveal
Shares of
Nintendo
rose as much as 5% on Wednesday, the biggest intraday rise in a month, after the company reported its ...
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 ...
1d
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 ...
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