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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 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, to 12.5 million units, as it also lowered its software ...
The Associated Press - Business News on MSN
5h
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 ...
18h
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 ...
Reuters on MSN
18h
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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