Nintendo Cuts Switch Sales Forecast as Demand Slows Amid Anticipation for Successor
Today, Nintendo has released some notable sales news for the last quarter, with multiple games surpassing the one million units mark, including the remake of Paper Mario: The Thousand-Year Door and…
Nintendo Cuts Sales Outlook for Switch Consoles
Nintendo cut its annual forecasts for Switch sales, reflecting declining demand for the Japanese videogame maker’s once-hit console.
Nintendo reports 60% plunge in YoY profit for the first half as the Switch shows its age
Nintendo posted a still-impressive $714.2 million in net profit from April through September, though it missed analysts' expectations of around $885 million for the six-month period.
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.
Nintendo reports lower profits as demand drops for its aging Switch console
TOKYO (AP) — Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that 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.Kyoto-based Nintendo Co. reported a 108.7 billion yen ($715 million) profit for the April-September period, as sales slipped 34% from the previous year to 523 billion yen ($3.4 billion).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 a statement that Switch sales were still growing and vowed to stick to its goal of selling a Switch console to each and every individual, not just one Switch per every household. Nintendo stuck to its earlier projection for a 300 billion yen ($2 billion) profit for the full fiscal year through March 2025, down nearly 29% from the previous…
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…
The best-selling Nintendo Switch games
Nintendo has cuts its annual profit forecast by 10% as Nintendo Switch sales slow, but software sales for Nintendo’s current console remain solid. The Kyoto-based company has updated its software…
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.
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.
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
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 profits drop
Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that 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.
last updated on 5 Nov 23:27