Nintendo’s stock took a bit of a tumble, dropping 6% in response to reports from gaming media and Bloomberg suggesting that the release of its next-gen console might be pushed back to early 2025, rather than the initially anticipated late 2024. While Nintendo has remained tight-lipped about any specifics regarding a new console, they have hinted at ongoing work on new hardware and software.
Despite this news, Nintendo remains optimistic about the current success of its flagship console, the Switch. In fact, the company recently upped its sales forecast for the Switch, highlighting the ongoing appeal of the hybrid home-portable device. Even as the Switch approaches its eighth year on the market, consumers continue to flock to it, a testament to Nintendo’s ability to create engaging gaming experiences.
“We want to maintain the momentum of the Switch business,” said Nintendo President Shuntaro Furukawa during an earnings briefing earlier this month. It’s clear that, regardless of any delays in future console releases, Nintendo is committed to keeping the Switch relevant and exciting for gamers around the world.
(Source: IGN | Reuters)
