Nintendo cuts annual profit forecast 10% as Switch sales slow
TOKYO: Nintendo cut its operating profit forecast for the year to March 2025 by 10 per cent to ¥360 billion (US$2.36 billion) on Tuesday (Nov 5), as sales of its ageing Switch console lost steam. The forecast is below analyst estimates for profit of ¥391.4 billion. The Kyoto-based gaming compan
5 Nov 06:41 · CNA
Nintendo cuts annual profit forecast 10% as Switch sales slow
Nintendo cuts profit forecast by 10% due to declining Switch sales, plans to announce successor console.
5 Nov 11:48 · The Hindu
Nintendo (NTDOY) decreases Switch console sales forecast to 12.5 million units in FY2025
Nintendo has adjusted its forecast by 7.4 percent, despite hardware sales increasing this quarter.
5 Nov 07:19 · Shacknews
Nintendo Switch has sold over 146.04 million units worldwide
Nintendo has provided updated sales figures for its popular Nintendo Switch system this morning and has announced that the Switch has now shifted over 146.04 million units worldwide since its launch…
5 Nov 09:27 · My Nintendo News
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.
5 Nov 06:42 · CNBC
Nintendo’s 1st half sales drop 34% as Switch shows its age
Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.
5 Nov 07:27 · VentureBeat
last updated on 5 Nov 14:02