Nintendo's "Switch 2" Delay: What We Know About The Upcoming Console
Portfolio Pulse from Anusuya Lahiri
Nintendo has informed developers that the release of its next gaming console, the 'Switch 2,' will likely not occur before April 2025. The new console is expected to feature a larger 1080p screen, magnetically attached controllers, and compatibility with existing Switch games. Nintendo aims to sell an additional 13.5 million units of the current Switch by the end of the fiscal year.
August 14, 2024 | 5:42 pm
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NEGATIVE IMPACT
Nintendo's 'Switch 2' is delayed until April 2025, which may impact short-term sales and investor sentiment. However, the company aims to sell an additional 13.5 million units of the current Switch by the end of the fiscal year.
The delay in the release of the 'Switch 2' could lead to a short-term negative impact on Nintendo's stock as investors may be concerned about the delay affecting sales and market competitiveness. However, the company's goal to sell an additional 13.5 million units of the current Switch may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nintendo's 'Switch 2' is delayed until April 2025, which may impact short-term sales and investor sentiment. However, the company aims to sell an additional 13.5 million units of the current Switch by the end of the fiscal year.
The delay in the release of the 'Switch 2' could lead to a short-term negative impact on Nintendo's stock as investors may be concerned about the delay affecting sales and market competitiveness. However, the company's goal to sell an additional 13.5 million units of the current Switch may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100