Nintendo lifts sales forecast as Switch 2 momentum builds

Nintendo has increased its sales target for the Switch 2 gaming system as the company sees strong customer interest in its newest product. The Japanese company said it now plans to sell 19 million Switch 2 units before the end of March 2026. That’s up from an earlier estimate of 15 million units. The company reported its financial results for the three months ending September 30. Nintendo brought in 527.2 billion yen, or roughly $3.7 billion, in revenue. Wall Street analysts had predicted 461.76 billion yen. The company earned 102.9 billion yen in profit, well above the expected 63.6 billion yen. Sales jumped more than 90% compared to the same period last year. Profits climbed over 270%. The gaming company introduced the Switch 2 in June, and shares have climbed nearly 40% so far this year as per CNBC. September quarter shows solid performance Nintendo moved 4.54 million Switch 2...

https://www.cryptopolitan.com/nintendo-switch-2-gains-traction/