Nintendo Lowers Profit Forecast Amid Slowing Switch Sales – What’s Next for the Gaming Giant?

Nintendo has just lowered its annual operating profit forecast as Switch console sales slow down. With the Switch era approaching its end, what does this mean for Nintendo's financial future and its Switch 2 plans? We break down Nintendo's latest financial report, the reasons behind the revised forecast, and what it could indicate for their upcoming projects.

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Links
https://www.nintendo.co.jp/ir/pdf/2024/241105_5e.pdf
https://www.reuters.com/technology/nintendo-cuts-annual-operating-profit-forecast-switch-sales-slow-2024-11-05/
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