Nintendo cuts Switch sales forecast as demand for ageing console wanes
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Nintendo has reduced its sales forecast for the Switch console due to waning demand as the console ages. Investors are anticipating news of a successor to boost Nintendo's gaming business.
November 05, 2024 | 12:30 pm
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Nintendo has lowered its sales forecast for the Switch console, indicating declining demand as the console ages. Investors are eager for news on a successor to potentially boost sales.
The reduction in sales forecast for the Switch suggests a decline in demand, which could negatively impact Nintendo's short-term revenue. The anticipation of a new console could mitigate some concerns, but until an announcement is made, the outlook remains cautious.
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IMPORTANCE 80
RELEVANCE 90