Nintendo's Profits Plunge 55% as Switch Sales Decline

The aging Switch console sees reduced sales while anticipation builds for its successor, expected by March 2025.

Nintendo's net sales fell by 46.5% year-on-year in the first quarter of the fiscal year.
Only 2.1 million Switch units were sold, a 46.3% drop from the same period last year.
Software sales also declined by 41.3%, with no major new releases to boost figures.
Despite the downturn, Nintendo maintains its forecast of selling 13.5 million Switch units this fiscal year.
Investors and fans eagerly await the announcement of the Switch's successor, projected to be revealed by March 2025.