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Nintendo cuts Switch sales forecast
Nintendo cuts Switch sales forecast as demand for ageing console wanes
Nintendo's recent struggles have come as demand for its flagship Switch console, which is now more than seven years old, is beginning to fade. 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. The forecast is below analyst estimates for profit of 391.
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 since going on sale.
1h
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 ...
3h
Analysts Say Nintendo Switch 2 Announcement Now Unlikely Before End of 2024
With the video game world waiting with bated breath for Nintendo to announce the inevitable Switch 2, analysts have said it ...
GamesIndustry
11h
Nintendo lowers full-year forecast as H1 sales fall 34% to $3.4bn
Nintendo
has released its financial results for six months ended September 30, showing further declines in both hardware ...
Eurogamer
11h
Nintendo cuts Switch sales forecast as the wait for new hardware continues
Nintendo
has lowered its sales projections for Switch hardware and software, as the company faces one final Christmas ...
Metro
22m
Nintendo Switch to be best-selling console ever despite 31% sales drop
Another financial update from
Nintendo
only makes it more apparent it’s quietly preparing a Switch 2 launch for next year. The
Nintendo
Switch will be eight years old in March, so it’s not ...
5h
Nintendo cuts annual profit forecast by 10% as Switch sales slow
Nintendo on Tuesday cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion), ...
fandomwire
17h
Single Greatest Reason Why Nintendo Switch 2 is Delayed is Bad News for PS5 and Xbox
Discover the strategic reasons behind the delay of the Nintendo Switch 2 and how Nintendo is building anticipation with an ...
CNET on MSN
21h
Mario & Luigi Brothership: Nintendo's Latest Mario RPG Is New, and Deserves a Switch 2
I used to play Mario & Luigi RPGs on the
Nintendo
DS a long time ago. I always got a kick out of how they cleverly blended ...
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