Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year since going on sale.
Nintendo cuts sales forecast as Switch console ages without successor in sight
Times are now tighter for the company, which has promised news on the successor to its popular but ageing Switch console by the end of March 2025.
Nintendo cuts annual profit forecast 10% as Switch sales slow
Nintendo cut on Tuesday its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion), as its ageing Switch console loses steam. The latest forecast is below analyst estimates of a 391.
Nintendo Cuts Switch Sales Forecasts After Weak First-Half Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.
Nintendo lowers sales forecast as first-half profits plunge
Nintendo downgraded its annual sales forecast on Tuesday as net profit plunged 60 percent year-on-year in the first half, with fans awaiting the announcement of a new console.
Nintendo cuts Switch sales forecast as demand for ageing console wanes
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo’s gaming business.
Nintendo Lowers Sales Forecast, First-half Net Profit Down 60%
Nintendo downgraded its annual sales forecast on Tuesday as net profit plunged 60 percent year-on-year in the first half to 108.7 billion yen ($710 million), with fans awaiting the announcement of a new console.
Nintendo (NTDOY) cuts FY2025 sales forecast, keeps conservative yen foreign exchange rate assumption
Nintendo is out with earnings results for the first half of its fiscal year ending March 31, 2025, and things are not going great over at the Big N. The company has reduced its internal forecast for FY2025 Net sales by 5.
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Nintendo reports lower profits as demand drops for its ageing Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, saw a 60% drop in profits for the first half of its ...
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PC vs Console: 5 Ways a Gaming PC is Better than a Console
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