TOKYO — Japanese video game maker Nintendo reported Friday a 55% drop in profit in the April-June quarter as sales slipped in both machines and game software compared to last year. Game machine sales tend to trail off after they hit the market. The Nintendo Switch is in its eighth year after sales began, with … Read more
Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday said it will announce the successor to its flagship Switch this fiscal year, after the company forecast a sharp drop in profit … Read more
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony is likely to release a refreshed version of the PlayStation 5 this year, analysts told CNBC, after the company cut its forecast for sales of its flagship console. The move … Read more
A statue of Nintendo’s video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images Shares of Nintendo fell on Monday after a report suggested the launch of the Switch 2, the next version of its flagship gaming console, would be delayed. Nintendo’s … Read more
Phil Spencer, CEO of gaming at Microsoft, speaks during the company’s Xbox event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 10, 2018. Patrick T. Fallon | Bloomberg | Getty Images Microsoft said on Thursday that it will release four of its video games on competing consoles. Phil Spencer, head of … Read more
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo said on Tuesday it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping a previous forecast, after … Read more
