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

Technology

Is Meta’s AI spending blitz working? The stock’s next move depends on the answer

April 29, 2026

Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all […]

Technology

Meta told it’s violating EU law by not doing enough to keep children off Facebook and Instagram

April 29, 2026

The European Commission has found that Meta breached EU law by failing to prevent under-13s from accessing its platforms, as scrutiny of the tech giant’s handling of child safety intensifies. The commission said Wednesday that its preliminary investigations concluded that Meta violated the EU’s Digital Services Act because the minimum age requirement of 13 for […]

Technology

Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC

April 29, 2026

A major data center company has paused investment in AI infrastructure projects and data centers in the Middle East amid the Iran war, its CEO has told CNBC. As oil prices have skyrocketed and supply chains have been heavily disrupted by conflict in the region, the future of huge digital infrastructure plans in the Middle […]