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 profit dips as demand for Switch console wanes
Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60 per cent in the first half of the fiscal year.
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 Sees Bigger Profit Fall on Faltering Switch Demand
Nintendo Co. slashed its full-year outlook after reporting its fifth straight quarter of profit declines on flagging demand for its Switch console.
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.
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