Nintendo Co., Ltd. (NTDOY)
Nintendo stock jumps 6% on Switch successor's backward compatibility promise
Nintendo's recent announcement about the upcoming successor to its popular Switch console is sparking excitement among both users and investors. In a move to encourage its existing fanbase to embrace the new device, the gaming giant revealed that current Switch games will be playable on the next-generation console.
Nintendo president confirms Switch successor will be backward-compatible
Nintendo president Shuntaro Furukawa said that the company's upcoming Switch successor will be backward compatible.
Nintendo Switch software to be playable on successor device
Nintendo President Shuntaro Furukawa said on Wednesday that software for the company's Switch console would be playable on the successor device.
Why Nintendo Stock Dropped Today
Switch sales are sputtering in their eighth year.
Nintendo Cuts Sales Outlook for Switch Consoles
Nintendo (NTDOY) cut its annual forecasts for Switch sales, reflecting declining demand for the Japanese videogame maker's once-hit console.
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.
Nintendo: Mario and Luigi have a new game. It's called Tokyo Earnings Alarm
I wonder whether Nintendo has considered a new game where Mario and Luigi race through Tokyo's financial district sounding a giant alarm bell? No?
Nintendo's 1st half sales drop 34% as Switch shows its age
Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.
Nintendo cuts Switch sales forecast as demand for ageing console wanes
Nintendo's recent struggles have come as demand for its flagship Switch console, which is now more than seven years old, is beginning to fade. Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
Nintendo cuts annual operating profit forecast as Switch sales slow
Nintendo on Tuesday cut its annual operating profit forecast by 10% to 360 billion yen ($2.36 billion), as its ageing Switch console loses steam.
Nintendo: Leveraging Legendary IP For A Stellar Tomorrow
Nintendo's shift in strategy to leverage its IP through movies, theme parks, and retail stores has significantly boosted its revenue and profitability. The Nintendo Switch's success has set the stage for the anticipated launch of its successor in Spring 2025. The Super Mario Bros. Movie's massive success highlights Nintendo's potential in the film industry, with plans for more films and a cinematic universe.
