Tag: $Nintendo

Nintendo on Wednesday said it will allow current Switch games to be played on the hit console’s successor as it looks to drum up excitement among its current user base for the highly-anticipated device

Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console.

Saudi Arabia’s Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom’s mammoth sovereign wealth fund said it was considering upping its stake.

Saudi Arabia’s Public Investment Fund (PIF) is considering raising its stakes in Nintendo and other Japanese gaming companies, Kyodo News reported on Saturday.

Nintendo on Tuesday said it will announce the successor to its flagship Switch this fiscal year, after the company forecast a sharp drop in profit as it predicts fewer sales of its ageing console.

There was a chance for other technology companies to take the spotlight Monday given the Presidents Day holiday and suspended trading in the U.S..

Nintendo said it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping a previous forecast.

Nintendo said on Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters.

Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday as it continues to get a bump from the “Super Mario Bros. Movie” and flagship Zelda game released this year.

Nintendo
reported a surge in revenue and operating profit for the June quarter boosted by the success of the “Super Mario Bros. Movie” and the the popularity of its latest Zelda game for the Switch console.

Nintendo reported a fall in profit and revenue in its fiscal year driven by a drop in sales of its flagship Switch console.