Nintendo hikes sales forecast of flagship Switch console to 15.5 million units
Publishing timestamp: 2024-02-06 02:25:24
Summary
Nintendo has increased its sales forecast for its flagship Switch consoles, expecting to sell 15.5 million units in the current fiscal year. The company beat market expectations for profit and revenue in the December quarter. The release of "Super Mario Bros. Movie" and the flagship Zelda game last year helped boost sales and interest in the aging console. Analysts expect Nintendo to launch a new Switch console this year. Nintendo shares have already risen 14% this year, and the company has raised its financial forecasts for the fiscal year.
Sentiment: POSITIVE
Tickers: 7974.T-JP,
Keywords: game consoles, earnings, breaking news: technology, nintendo co ltd, real estate, video games, business news, breaking news: asia, technology, media,