Nintendo cuts Switch sales forecast as demand for ageing console wanes

Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California.

Rodin Eckenroth | Getty Images Entertainment | Getty Images

Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console.

The Japanese gaming giant said it now expects to sell 12.5 million units of the Switch over the course of the period. That’s down from a previous forecast of 13.5 million units.

Nintendo has been contending with fading demand for its flagship Switch console, which is now more than seven years old.

Investors are waiting for news surrounding a successor to the Switch, which they hope will re-energize Nintendo’s gaming business. In the past, the company said that the Switch successor will be announced in its current fiscal year, which ends in March 2025.

This breaking news story is being updated.

Source

World

Israel vows to prevent an aid boat carrying Greta Thunberg and other activists from reaching Gaza

June 8, 2025

Activist Greta Thunberg sits aboard the aid ship Madleen, which left the Italian port of Catania on June 1 to travel to Gaza to deliver humanitarian aid, in this picture released on June 2, 2025, on social media. Freedom Flotilla Coalition | Via Reuters Israel’s government on Sunday vowed to prevent an aid boat carrying […]

World

Self-made millionaire shares the hardest money conversation he and his wife have ever had: ‘I’m sweating thinking about it’

June 8, 2025

Self-made millionaire, author and TV host Ramit Sethi knows a thing or two about money. He’s even published books on how to get rich and how couples can manage their finances together. But his own financial journey hasn’t been perfect. He recently sat down with his wife, Cassandra, for a special episode of his Money […]

World

Top Wall Street analysts believe in the potential of these stocks despite macro woes

June 8, 2025

CFOTO | Future Publishing | Getty Images Macro uncertainty is keeping the market volatile, but investors ought to keep their focus on stocks that can provide compelling long-term returns. Top Wall Street analysts’ recommendations can help inform investors as they pick the right stocks that can weather short-term pressures with solid execution and generate impressive […]