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Nintendo Cuts Switch Sales Forecasts

Hosted on MSN · 20h

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.

Bloomberg L.P. · 1d

Nintendo Sees Bigger Profit Fall on Faltering Switch Demand

Nintendo Co. forecast a bigger profit decline for the full year after reporting its fifth straight quarterly profit decline on slowing demand for its aging Switch console.

The Associated Press - Business News on MSN7h

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 ...

NBC Washington1d

Nintendo cuts Switch sales forecast as demand for ageing console wanes

In the past, the company said that the Switch successor will be announced in its current fiscal year, which ends in March ...

Reuters on MSN20h

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 ...

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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