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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 profits fall as sales of Switch console dip worldwide
The company results also showed a 34% drop in sales – the bulk of which comes from Nintendo Switch hardware and software – including in Europe, where Switch sales dropped from 175.8 billion yen (£889 million) last year to 113.2 billion yen (£573 million) this year.
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.
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,
Inverse
11h
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 ...
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
16h
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 ...
19h
on MSN
Nintendo has no plans to fast-track Switch 2 announcement as Switch sales fall fast
Nintendo’s president said there was no change to its plans to announce Switch 2 by the end of March 2025 as the company ...
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 ...
The Sunday Business Post
1d
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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