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Sales Forecast

All articles tagged with #sales forecast

gaming19 days ago•52 min saved

Nintendo hikes Switch 2 price worldwide as sales outlook dims

Nintendo is raising Switch 2 prices globally (US $499.99 from $449.99; Canada $679.99; Europe €499.99; Japan’s price bump comes earlier) and broader Switch-family pricing changes in Japan, while forecasting a sales dip. In FY26 the Switch 2 sold 19.86 million units; FY27 is expected to reach 16.5 million, with an anticipated revenue hit from higher memory prices and tariffs. The moves follow similar price hikes from Sony and Microsoft.

via The Verge|

#earnings #gaming #nintendo

business19 days ago•3 min saved

Nintendo hikes Switch 2 price as memory-chip crunch bites sales outlook

Nintendo will raise the Switch 2 price in the U.S. by $50 to $499.99 (with price hikes in Japan, Canada and Europe) due to surging memory-chip costs, and it now expects to sell 16.5 million Switch 2 units for the fiscal year ending March 31, 2027 (down from 19.86 million), with an estimated ~100 billion yen hit to earnings and a profit shortfall versus analyst forecasts.

via CNBC|

#business #memory-chips #nintendo

business4 months ago•2 min saved

Tesla forecasts lower Q4 sales amid surprising announcement

Tesla has published analyst forecasts indicating that its 2025 vehicle deliveries will be lower than previously expected, with a decline in quarterly and annual sales compared to earlier targets, raising questions about its growth trajectory and valuation.

via The Guardian|

#2025-deliveries #business #electric-vehicles

business4 months ago•2 min saved

Tesla anticipates Q4 sales decline amid rising competition and reduced tax incentives

Tesla issued a pessimistic forecast for its Q4 deliveries, expecting a 15% decline to around 422,850 units, signaling a potential second consecutive annual sales decline and impacting its stock performance, amid ongoing challenges in Europe and China.

via MarketWatch|

#business #electric-vehicles #quarterly-deliveries

business5 months ago•3 min saved

Nike's China Challenges Persist Amid Mixed Sales Results

Nike's CEO describes the company's recovery as 'in the middle innings,' with ongoing challenges including declining sales in China and tariffs impacting margins. While North American sales are strong, overall outlook remains cautious, and shares fell after the earnings report, reflecting investor concerns about the pace of the turnaround.

via MarketWatch|

#business #china #nike

technology5 months ago•1 min saved

Rising Costs and Shortages Signal Challenges for Smartphone and Memory Markets

Counterpoint Research predicts a 2.2% decline in iPhone sales in 2026 due to rising manufacturing costs, with global smartphone shipments expected to fall by 2.1%, impacting especially the lower-end market, though Apple and Samsung are better positioned to handle increased costs.

via 9to5Mac|

#apple #iphone #production-costs

technology6 months ago•1 min saved

Nintendo Boosts Switch 2 Sales Forecast Amid Record Launch

Nintendo has increased its sales forecast for the Switch 2, expecting to sell 19 million units by March 2026, surpassing the original Switch's first-year sales, driven by strong holiday season sales and popular game releases, leading to higher revenue and profit.

via Engadget|

#console #gaming #nintendo

business6 months ago•2 min saved

Nintendo Boosts Switch 2 Sales Forecast Amid Record Launch

Nintendo's shares rose 10% after raising its sales forecast for the Switch 2 to 19 million units by March, driven by strong early sales and holiday demand, reflecting confidence in the console's momentum despite economic challenges.

via Bloomberg|

#business #gaming #nintendo

technology6 months ago•5 min saved

Apple's iPhone 17 Drives Record Sales and Optimistic Outlook

Apple's CEO Tim Cook forecasts holiday quarter iPhone sales and revenue that surpass Wall Street estimates, driven by strong demand for iPhone 17 models despite supply constraints and delays in China. The company expects double-digit iPhone sales growth and a 10-12% increase in overall revenue for Q1 2026, with particular strength in base and Pro models, while addressing ongoing supply issues and trade tensions.

via Reuters|

#apple #china-delays #iphone-17

business7 months ago•2 min saved

Chipotle Stock Falls Amid Economic Concerns and Consumer Spending Cuts

Chipotle's stock dropped over 15% after lowering its sales forecast for the third consecutive quarter due to ongoing macroeconomic pressures affecting consumer spending, especially among low- to middle-income customers, leading to reduced visits and sales.

via Forbes|

#business #chipotle #consumer-spending

business7 months ago•3 min saved

IBM Q3 Earnings Beat Despite Stock Decline Amid Software Growth and AI Outlook

IBM's stock declined nearly 5% after reporting a strong third-quarter with earnings and sales beating expectations, driven by increased AI demand and a boosted full-year sales forecast, despite the stock's recent gains and mixed segment performances.

via Investor's Business Daily|

#ai-demand #business #earnings-beat

business8 months ago•2 min saved

Constellation Brands Lowers Sales Forecast Amid Declining US Beer Demand

Constellation Brands lowered its full-year sales and profit outlook due to declining demand for beer among U.S. consumers, especially Hispanic buyers, amid economic concerns and reduced social gatherings, leading to a projected 2-4% fall in beer sales for 2026 and a drop in stock value.

via Yahoo Finance|

#beer-demand #business #constellation-brands

business9 months ago•2 min saved

Marvell Stock Declines Amid Disappointing Forecasts and Strong Data Center Growth

Marvell Technology reported strong earnings but issued a sales forecast below Wall Street expectations, leading to an 8% drop in after-hours trading. The company highlighted increased demand for AI and enterprise networking products, but investors reacted to the sales outlook, causing the stock to decline despite recent gains.

via Investor's Business Daily|

#ai-demand #business #marvell

business9 months ago•2 min saved

Super Micro Shares Drop Amid Weak Sales and Guidance

Super Micro's shares fell after lowering its revenue and profit forecasts for the fiscal year, citing weaker demand and pricing pressures in AI server markets, especially with Nvidia chips, raising concerns about its ability to capitalize on AI growth despite previous optimism and a significant stock surge this year.

via Bloomberg.com|

#ai-servers #business #nvidia

business9 months ago•2 min saved

Hims & Hers Stock Declines Amid Revenue Miss and Growth Concerns

Hims & Hers stock dropped over 11% after missing Wall Street's Q2 sales forecast despite higher profits, as the company shifts focus to personalized healthcare and faces challenges in its obesity-related business. The company maintains its annual sales guidance but faces scrutiny over its core business and recent market performance, amid a broader industry context involving weight-loss drugs and strategic partnerships.

via Investor's Business Daily|

#business #hims-and-hers #obesity-business