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TOKYO: Japan's Nintendo Co Ltd said on Thursday that sales of its Switch console fell 12% in the April-June quarter, in a sign that demand for the hit device may be fading in its fifth year on the market.
TOKYO: Nintendo Co’s earnings beat estimates after hit games like Monster Hunter Rise propped up sales of the Switch, but warned that global chip shortages may disrupt production of its marquee device.
TOKYO: Japan's Nintendo Co Ltd on Thursday forecast annual Switch console sales to fall 11.5%, in what would be the first decline for the five-year-old device after riding a pandemic-induced boom in home gaming.
TOKYO: Nintendo Co has asked its assembly partners to increase production of its Switch gaming console again, raising its goal to as much as 30 million units for this fiscal year, according to people familiar with its strategy.
TOKYO: Nintendo Co added another US$3bil in market value in Tokyo with retail investors on the Robinhood app cited as helping to further boost the game maker’s popularity.
TOKYO: Japan's Nintendo Co Ltd on Thursday reported a 428% jump in first-quarter profit, driven by ongoing demand for the Switch console and hit title Animal Crossing: New Horizons as the coronavirus outbreak boosts the games industry.
TOKYO: Nintendo Co’s stock has found a 1-Up in an unexpected place.
TOKYO: Just before Christmas, a trip to Nintendo Co’s flagship store in Tokyo would have required an hour’s wait just to get in and buy a plush Mario toy or a set of chopsticks bearing Luigi’s face.