Nintendo Co., Ltd. (NTO.VI)
- Bloomberg
Nintendo Shares Fall on Weak Outlook While Next Switch Awaited
(Bloomberg) -- Shares of Nintendo Co. tumbled their most in over a month after the company warned of a sharp profit fall and signaled a next-generation Switch wouldn’t arrive till 2025.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackOne Out of Every 24 New York City Residents Is Now a MillionaireTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyThe stock fell as much as 4.9% in Tokyo
- Associated Press Finance
Nintendo to announce Switch successor in this fiscal year as profits rise
Japanese video-game maker Nintendo said Tuesday that it will make an announcement about a successor to its Switch home console sometime before March 2025. In reporting its financial results, Nintendo gave no details about the announcement, including about whether it would launch that successor product during this fiscal year, or just announce its plans for it. Kyoto-based Nintendo Co. reported a 13% rise in profit for the fiscal year that ended in March, boosted by solid demand for Switch software like “The Legend of Zelda: Tears of the Kingdom.”
- CNN Business
Nintendo says Switch successor will be unveiled by March 2025
Nintendo says it plans to announce the followup to its popular Switch console by March 2025.
