Nintendo Cuts Sales Outlook for Switch Consoles

KEY TAKEAWAYSNintendo cut its annual forecasts for Switch sales, reflecting declining demand for the Japanese videogame maker’s once-hit console.The Japanese videogame maker said it now expects to sell 12.5 million Switch consoles for the fiscal year ending March 2025, versus the 13.5 million units forecast it announced previously.Nintendo’s woes will be closely watched by competitors such as Electronic Arts, whose popular titles include "Madden NFL," and Take-Two Interactive Software, the developer of the ...