Nintendo hikes Switch 2 sales forecast to 19 million units as flagship console momentum grows

Nintendo hikes Switch 2 sales forecast to 19 million units as flagship console momentum grows


TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025.

Richard A. Brooks | Afp | Getty Images

Nintendo raised its forecast for sales of the Switch 2 console in its current fiscal year as momentum for its new flagship console grows.

The Japanese gaming giant said it now expects to sell 19 million units of the Switch in the fiscal year ending March 2026 versus a previous forecast of 15 million units.

Here’s how Nintendo did in its fiscal second quarter ended Sept. 30 versus LSEG estimates:

  • Revenue: 527.2 billion Japanese yen ($3.7 billion) versus 461.76 billion yen expected.
  • Net profit: 102.9 billion Japanese yen versus 63.6 billion yen expected.

Nintendo is riding a wave of momentum after launching its latest console called the Switch 2 in June.

This is a breaking news story. Please refresh for updates.



Source

One year on from the UK’s grand AI plan: has its infrastructure buildout been a success?
Technology

One year on from the UK’s grand AI plan: has its infrastructure buildout been a success?

QTS’s data center in Cambois, North East of England When the U.K. announced its AI Opportunities Action Plan — a grand blueprint to deploy the tech across society — in January, Prime Minister Keir Starmer declared the strategy would make the country an “AI superpower.”  One of the key pillars of this plan was a […]

Read More
New NASA boss Isaacman says U.S. will return to the moon within Trump’s term
Technology

New NASA boss Isaacman says U.S. will return to the moon within Trump’s term

Recently appointed NASA Administrator Jared Isaacman on Friday told CNBC that the U.S. will return to the moon within President Donald Trump’s second term. Isaacman, a close ally of SpaceX CEO Elon Musk, told CNBC’s “Closing Bell Overtime” that Trump’s recommitment to exploring the moon is key to unlocking the “orbital economy.” “We want to […]

Read More
Nvidia’s Groq deal, S&P’s winning week, leather tariffs and more in Morning Squawk
Technology

Nvidia’s Groq deal, S&P’s winning week, leather tariffs and more in Morning Squawk

A trader works on the floor of the New York Stock Exchange. NYSE This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tiptoeing toward a winning week Stock futures are little changed after the Christmas holiday […]

Read More