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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,
Nintendo Chief insists Switch momentum will keep going, even
Nintendo Chief insists the Switch momentum will keep going, even after its successor
Recommended Videos His comments come a day after
Nintendo
reported a 60% drop in its fiscal first half
profit
, largely because of declining sales of the Switch, which now is in its eighth year, as well as Switch games. Furukawa did not give details on the ...
You'll be able to play your Nintendo Switch games on its successor
You don't have to take great pains to preserve your Switch to ensure that you can still play your favorite games on it years and years from now. Nintendo has revealed in its earnings report that the upcoming successor to the Switch will have backwards compatibility and will be able to run games made for the current console.
Nintendo confirms Switch 2 will play original Switch games
"More software has been played on Nintendo Switch than on any other Nintendo hardware." As US states were busy counting votes to confirm who would be the next president Tuesday night, Nintendo's Japanese Twitter account was busy confirming a key backward compatibility feature for the upcoming "Nintendo Switch successor,
Bloomberg L.P. on MSN
6h
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 ...
16h
Why Nintendo Stock Dropped Today
Nintendo sells video games and has tons of monetizable intellectual property. But the bread and butter of this business is ...
NBC Washington
1d
Nintendo cuts Switch sales forecast as demand for ageing console wanes
Nintendo
also cut full fiscal year forecasts for sales and operating
profit
. The company said it now expects sales of ...
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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