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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 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 ...
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. on MSN
7h
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 ...
The Associated Press - Business News on MSN
30m
Nintendo Chief insists the Switch momentum will keep going, even after its successor
Japanese video game maker Nintendo’s chief said Wednesday that Switch console sales were still going strong, while he ...
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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