Nintendo Co., Ltd. (NTDOF)
- Yahoo Finance
New Nintendo console, 'Grand Theft Auto VI' to boost game industry in 2025
The games industry has struggled in 2024, but a new Nintendo console and 'Grand Theft Auto VI' could turn things around in 2025.
- Associated Press Finance
Nintendo reports trailing profit as sales of aging Switch game console slide
Japanese video game maker Nintendo reported Friday a 55% drop in profit in the April-June quarter as sales slipped in both machines and game software compared to last year. Game machine sales tend to trail off after they hit the market. The Nintendo Switch is in its eighth year after sales began, with more than 140 million already sold.
- Bloomberg
Nintendo Profit Dives 71% on Slowing Demand for Aging Switch
(Bloomberg) -- Nintendo Co.’s operating profit plunged a bigger-than-expected 71% as consumers held off on purchases pending the launch of a flagship new video game console to replace Switch.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?New Yorkers Across Political Spectrum Ba
