Nintendo Sees Bigger Profit Fall on Faltering Switch Demand
- Kyoto videogame maker cuts annual sales and profit outlook
- Consumers are waiting for successor to seven-year-old Switch
The company’s struggled to maintain sales of game hardware and software as consumers sow spending to await the announcement of the next-generation console.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Nintendo Co. slashed its full-year outlook after reporting its fifth straight quarter of profit declines on flagging demand for its Switch console.
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