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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Nintendo shares tumble 8.5%

The Switch became a must-have among all age groups during the Covid pandemic.
  • A news report said the next console would miss the key Christmas holiday shopping period in December
  • The gadget is fading with the console now in its seventh year, but the company is tight-lipped about its plans

Tokyo, Japan–Shares in Japan’s Nintendo tumbled as much as 8.5 percent on Monday after a report suggesting that its next-generation console will be delayed until early 2025.

The successor to the popular Switch was targeted for release at the end of this year but several publishers have now been told to expect it to slip into next year, Bloomberg News reported, citing unnamed sources.

That would mean that the next console would miss the key Christmas holiday shopping period in December.

The delay was also reported by the Video Games Chronicle website.

A Nintendo spokesperson said the company has nothing to comment on, Bloomberg News said.

The Switch, both a handheld and TV-compatible device, became a must-have among all age groups during the Covid pandemic.

Buzz around the gadget is slowly fading with the console now in its seventh year, but the company has so far remained tight-lipped about its plans.