Nintendo Switch sales decline as company predicts further drops.

1 min read
Source: CNBC
Nintendo Switch sales decline as company predicts further drops.
Photo: CNBC
TL;DR Summary

Nintendo reported a 22% decline in sales of its flagship Switch console series, resulting in a 5.5% year-on-year decline in revenue for its fiscal year. The company expects further declines in sales for the current fiscal year and is contending with an aging console that has been on the market for six years. Nintendo hopes key games such as Mario and Zelda will help keep players interested. Meanwhile, rival Sony reported an all-time high profit and sold a record 19.1 million PlayStation 5 consoles in the financial year.

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