Mario poses during the Super Nintendo World Welcome Celebration at Universal Studios Hollywood on February 16, 2023 in Universal Studios Hollywood, California.
Rodin Aikenroth | Getty Images Entertainment | Getty Images
Nintendo The company on Tuesday cut its forecast for Switch sales for the fiscal year ending in March 2025 due to weakening demand for the aging console.
The Japanese gaming giant said it expects Switch sales to reach 12.5 million units during the period. This was lower than the previous forecast of 13.5 million units.
Nintendo has been dealing with declining demand for its flagship Switch console, more than seven years after its launch.
Investors are awaiting news about a follow-up to the Switch, which they hope will revive Nintendo’s gaming business. In the past, the company has said that a successor to the Switch would be announced during the current fiscal year, which ends in March 2025.
This breaking news story is being updated.
About The Author
