Sources: data center operator Switch has hired investment banks for a US IPO that could raise up to $10B and value it at $80B, set for as soon as Q4
Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth quarter …
Sources: data center operator Switch seeks a ~$2B funding round valuing it at ~$50B, including debt, led by a $400M investment from a16z, ahead of a 2027 IPO
Nintendo says it will increase the price of the Switch 2 globally on September 1, from $450 to $500 in the US, and the price of the original Switch in Japan
Sony reports Q4 revenue up 8% YoY to ~$19.4B, above ~$18.4B est., ~$1.06B operating profit, below ~$1.7B est., and forecasts FY 2027 net profit up 13% to ~$7.4B
PlayStation CEO lays out plan to use AI for future game developmentCris Tolomia /Yahoo Finance:Sony FY2025 earnings: profit forecast, PS5 sales, share buybackKyodo News:Nintendo expects fall in FY 202...
Nintendo reports Q4 revenue of ~$2.60B, below ~$2.75B est., net profit of ~$416M, above ~$403.68M est., and forecasts a decline in FY 2027 Switch 2 unit sales
but you still have time to beat itOllie Reynolds /Nintendo Life:Price Controversy Did Nothing To Stifle Pokémon FireRed & LeafGreen On SwitchNintendo Co., Ltd.:Consolidated Financial HighlightsYuri Ka...
Nintendo plans to raise the price of original Switch “family of systems and products” and some Switch 2 accessories in the US; Switch 2 price won't change
The price hike will affect the family of original Switch systems, including the Lite and OLED.
Nintendo reports FY 2024-25 revenue down 30% YoY to ~$8B, profit down 43% YoY to ~$1.9B, and says the Switch has 128M+ players globally eight years after launch
Update Dean Takahashi / VentureBeat : Nintendo fiscal year sales drop 30% ahead of Switch 2 launch
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts
The Kyoto-based company now expects ¥280 billion ($1.8 billion) in operating income in the fiscal year to March, slashing more than a fifth from its prior forecast.
Nintendo reports Q2 revenue down 17% YoY to ~$1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast from 13.5M to 12.5M units
I believe this is a growing theme and trend across games. … Forums: r/NintendoSwitch2 : Nintendo Profit Predictions Lowered as Switch Sales Fall.... Take the hint Nintendo! r/Games : Nintendo cuts ann...
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M
Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console.