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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

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.