Nintendo cuts Switch sales forecast

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. The forecast is below analyst estimates for profit of 391.
Nintendo cuts Switch sales forecast as demand for ageing console wanes
Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. Nintendo's recent struggles have come as demand for its flagship Switch console,
Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year
Nintendo Sees Bigger Profit Decline on Faltering Switch Demand
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Software has also been on a bit of a downward trend, with Nintendo shifting a total of 70.28 million units to mark a year-on-year decrease of 27.6%. Nintendo again points to the releases of both The Super Mario Bros. Movie and The Legend of Zelda: Tears of the Kingdom in the previous year as significant factors regarding the sharp downward turn.
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