Tokyo, Feb 4, 2025 (AFP) - Nintendo cuts net profit forecast, says Switch sales 'below expectations'

NAMPA / AFP
2025-02-04
Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast to 270 billion yen ($1.7 billion) from 300 billion yen, as sales of its Switch console slow. "Nintendo Switch hardware and software sales through the third quarter were below expectations," the company said in its explanation of the profit warning. nf-kaf/mtp ...
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OSHAKATI, 02 January 2025 - Bucs Buccaneers' Giovanni Engelbrecht (left, in white) in action against KK Palace during the quarter-finals of the MTC Maris Cup at the Oshakati Independence Stadium. (Photo by: Hesron Kapanga) NAMPA

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OSHAKATI, 02 January 2025 - Bucs Buccaneers' Giovanni Engelbrecht (C) in action against KK Palace during the quarter-finals of the MTC Maris Cup at the Oshakati Independence Stadium. (Photo by: Hesron Kapanga) NAMPA

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OSHAKATI, 01 January 2025 - UNAM FC football player celebrating their win against Blue Waters during the quarterfinals of the MTC Maris Cup at the Oshakati Independence Stadium. (Photo by: Hesron Kapanga) NAMPA

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