Nintendo Delays Switch Successor to 2025, Shares Tumble

The anticipated launch of Nintendo's next console is postponed to early 2025 to enhance its game lineup, causing a significant drop in the company's stock value.

Nintendo's rumored Switch successor, initially expected in late 2024, is now slated for an early 2025 release, according to multiple sources.
The delay aims to strengthen the console's launch lineup, with a focus on enhancing its first-party game offerings.
Nintendo's shares dropped significantly following the announcement, with a notable decline of up to 8.8% in early trading.
Despite the delay, Nintendo has increased its hardware forecast for the current fiscal year, indicating continued strong demand for the current Switch model.
Speculation about the Switch successor includes features like backward compatibility, 4K resolution capabilities, and a competitive edge against rivals like PS5 and Xbox Series X.