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posted by hubie on Thursday May 09, @07:11PM   Printer-friendly

Nintendo says announcement on Switch successor 'this fiscal year':

Nintendo said Tuesday it will make an announcement about a highly anticipated new console by the end of March 2025 as sales decline of the hugely popular Switch, which is now in its eighth year.

Despite logging a record net profit in the year to March, helped by the weak yen, the game giant expects net profit to drop nearly 40% in the current financial year.

Players and investors have been hungry for news about a successor to the Switch, and the company said a statement was finally forthcoming.

[...] Bloomberg Intelligence analyst Nathan Naidu said before the earnings release that Nintendo consoles typically have a "six-to-seven year lifecycle."

"Given hardware drives about 40% of total sales, its drag on (the) overall top line might extend into fiscal 2025 absent a new gaming gadget," he said.

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  • (Score: 1, Interesting) by Anonymous Coward on Friday May 10, @03:10AM

    by Anonymous Coward on Friday May 10, @03:10AM (#1356401)

    I can't watch movies from before the 80's. To me they're just.. what's wrong with them? Dull story? bad colors?

    Kids-these-days won't watch movies from before 2000 -- and that even seems to include the Matrix.

    I'm also good with SNES jRPG's, they're fine graphics-wise -- not modern by any means. However I can't do something like Galactica, or Asteroids, or Pong, Donkey Kong, Pac Man, ... ugh. But SNES is good. NES isn't too bad, either. (Kids-these-days? Apparently they don't even watch Disney that is hand-drawn -- computer 3d CG only.)

    I think there's a pattern here. Maybe you see it too.

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