Reported 19 days ago
Nintendo's President Shuntaro Furukawa reassured that the Switch's sales momentum remains strong, even as the company prepares to introduce its successor. Although Nintendo reported a 60% drop in profits due to declining Switch sales, Furukawa emphasized that all current games will be compatible with the next console. Nintendo is diversifying its ventures, investing in hardware, software, and entertainment projects, including upcoming movies based on Mario and Zelda, scheduled theme park openings, and the expansion of official stores. Over 100 million people globally enjoy the Switch, and Nintendo's stock has seen recent gains.
Source: YAHOO