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Nintendo Lowers Switch Sales Forecast

Hosted on MSN · 8h

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.

Associated Press on MSN · 16h

Nintendo reports lower profits as demand drops for its aging Switch console

More than 74% of its sales revenue came from overseas, according to Nintendo, which didn’t break down quarterly numbers. Global Switch sales during the period dropped to 4.7 million machines from 6.8 million units the previous year. But Nintendo said in ...

Bloomberg L.P. · 16h

Nintendo Sees Bigger Profit Fall on Faltering Switch Demand

Nintendo Co. slashed its full-year outlook after reporting its fifth straight quarter of profit declines on flagging demand for its Switch console.

The Irish News (US) on MSN · 13h

Nintendo profits fall as sales of Switch console dip worldwide

Gaming giant Nintendo has reported a drop in profits of 60% for the first half of the fiscal year as demand for its Switch console fell. The Japanese firm said it had made 108.7 billion yen (£551 million) profit for the period between April and September,

18mon MSN

Nintendo says its Switch successor will be backward compatible with Switch games

The company says that Nintendo Switch Online will make its way to the technically still-unannounced console, too.

Will the Nintendo Switch 2 be backward compatible? Nintendo speaks out

Will the Nintendo Switch 2 support your games from the original Nintendo Switch? Here’s what we know thanks to insight from ...

36m

Nintendo Switch 2 Reveal Likely Not Happening Until 2025, Says Analyst

The Nintendo Switch 2 still hasn't been revealed and one analyst believes that its chances of being shown in 2024 are now very slim.

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 ...

8h

Nintendo reiterates Switch 2 announcement window — here's what we know

Nintendo president Shuntaro Furukawa reaffirmed in an earnings call after publication that the new console will still be ...

5h

As the Switch 2 reveal approaches, Nintendo lowers sales expectations for the original

Nintendo has lowered its Nintendo Switch sales expectations for the current fiscal year as demand dries up. The next hardware ...

Nintendo Updates List of 10 Best-Selling Switch Games for November 2024

The top 10 best-selling Switch games were shaken up by 2022's Pokemon Scarlet and Violet, which has been climbing the ranks ...

Nintendo Switch Black Friday deals are live — here’s 15 deals I'd get now from $17

Black Friday deals are getting started. If you can't wait for the day itself, there are plenty of great early deals on ...

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