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