Nintendo profit plunges 55% as sales of its ageing Switch console fall sharply

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Nintendo revenue and profit plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline. Here's how Nintendo did in its fiscal first quarter ended June 30. versus LSEG estimates: Revenue: 246.6 billion Japanese yen ($1.65 billion) versus 289.61 billion yen expected. Net profit: 80.9 billion Japanese yen versus 70.73 billion yen expected. N ...