Nintendo Co., Ltd. (NTDOF)
- 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.”
- Bloomberg
Nintendo Teases Long-Awaited Switch Successor as Profit Slides
(Bloomberg) -- Nintendo Co. said it will announce a successor to its seven-year-old Switch games console, after forecasting a bigger-than-expected profit decline for the current fiscal year.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Tr
- Reuters
Nintendo to reveal details of Switch successor by March-end
TOKYO (Reuters) -Japan's Nintendo said on Tuesday it plans to make an announcement about the successor to its long-lasting Switch console during the financial year ending March 2025. Nintendo has extended the lifecycle of the Switch device with hit titles such as "The Legend of Zelda: Tears of the Kingdom", with the market focused on the prospects for a smooth transition to next-generation hardware. The Kyoto-based gaming company said it expects to sell 13.5 million Switch units in the current financial year as it tries to squeeze further sales from the aging device.
