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Nintendo Says Announcement on Switch Successor 'This Fiscal Year'

Accepted submission by upstart at 2024-05-07 15:24:43

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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.

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