Nintendo profits rise on 6mn sales of new Switch 2 console
Analysts say Mario creator’s forecast of 15mn sales in first year is conservative
Analysts say Mario creator’s forecast of 15mn sales in first year is conservative

The little plumber is a bulwark of intellectual property as rising chip prices pressure the company

Higher memory chip costs fuel fears of price rise for Switch 2 and cast shadow over console’s success

Instead of leaping into a completely new format, the Japanese group chose incremental innovation with its Switch 2 console

Mario fans queue at midnight store openings after games company apologises for failing to meet pre-order demand

Upbeat performance at group’s theme parks contrast with declines at its traditional television networks

US tech giant’s valuation set to pass $4tn as investors embrace plans to spend $120bn on artificial intelligence next year