Nintendo first-quarter net profit down 55pc as Switch sales slow

Quick Summary:

TOKYO, Aug 2 — Nintendo said today that first-quarter net profit more than halved as sales for the seven-year-old Switch...

Candra told AFP that Nintendo’s game line-up to the end of March 2025 is “only so-so” although new Zelda and Mario & Luigi titles “may tide fans over until then”.“The last year has seen several remakes and re-releases like Paper Mario and Luigi’s Mansion which would also suggest that the company is focusing its development on new, original titles to release with the next console,” he said.

In April-June, net profit plunged 55 per cent on-year to ¥80.95 billion yen (RM2.45 billion).

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaJapan

Topics: Nintendo Switch Nintendo Profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 15:25:58 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21900738

View Article Analysis

About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 6 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 23 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

Frequently Asked Questions