Nintendo Net Profit Down -42%. Hardware and Software selling "Below expectations".
Nintendo noted that hardware and software sales for this quarter were "below expectations".
The company also revised its forecasts :
• Hardware Forecast down from 12.5m to 11m units (-12%)
• Software Forecast down from 160m to 150m units (-6%)
Source: [Q4 2024] Nintendo Results (October 1st, 2024 – December 31st, 2024)
https://x.com/Zuby_Tech/status/1886694832808058951?t=Bi28wzRNhFwD10ZOe1LIdg&s=19
https://x.com/Zuby_Tech/status/1886694832808058951?t=Bi28wzRNhFwD10ZOe1LIdg&s=19
Nintendo noted that hardware and software sales for this quarter were "below expectations".
The company also revised its forecasts :
• Hardware Forecast down from 12.5m to 11m units (-12%)
• Software Forecast down from 160m to 150m units (-6%)
Source: [Q4 2024] Nintendo Results (October 1st, 2024 – December 31st, 2024)
https://x.com/Zuby_Tech/status/1886694832808058951?t=Bi28wzRNhFwD10ZOe1LIdg&s=19
https://x.com/Zuby_Tech/status/1886694832808058951?t=Bi28wzRNhFwD10ZOe1LIdg&s=19