Games World

Nintendo’s Profits Remain Down But On Track, Despite Drop In Switch Sales Projection

Confirms previous Nikkei report on production issues.

Earlier this week Nikkei reported that Nintendo was encountering production issues related to the ongoing chip shortage, which has also been a problem for Sony and Microsoft with its latest hardware. In the updated Q2 financial reports issued by Nintendo it’s effectively confirmed that report, though its impact on the company’s bottom line looks set to be minimal.

As reported by Nikkei, Nintendo has dropped its estimate for shipped Switch systems from 25.5 million units to 24 million, offering the following explanation.

Read the full article on nintendolife.com