Nintendo's latest financial results reveal a slowdown in Switch 2 hardware sales, alongside several unexpected revenue drivers.
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Despite a 34.4% drop in Switch 2 sales, Nintendo beat revenue goals thanks to blockbuster games, movie wins, and unexpected tariff refunds.
Fiza Ali
Neowin
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Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
Nintendo shares have rallied roughly 40% so far this year on excitement about the firm's new Switch 2 hybrid console.
Nintendo reported fiscal first-quarter earnings Thursday.
Operating profit more than doubled year-over-year, helped by a tariff refund of roughly $300 million and a hit Super Mario movie
Kyoto-based games giant posts a jump in net profit for the April-June quarter, helped by continued demand for its Switch 2 console
Nintendo says it expects to sell 15 million Switch 2s in the fiscal year ending March 2026. Analysts say that estimate is…
