TOKYO — Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters.
The Switch, which is both a handheld and TV-compatible device, hit shelves in 2017 and became a must-have gadget among all age groups during pandemic lockdowns.
ANTICIPATING This file photo taken on Jan. 16, 2025, shows a man walking past shelves in the gaming section of Nintendo Switch productsat a shop in Tokyo. Nintendo were expected to announce their third-quarter results later on Feb. 4. AFP PHOTO