Nintendo cuts sales forecast as Switch console ages without successor in sightNintendo's net profit fell by 60% in the first half, prompting a downgrade in annual sales forecast amid fading interest in the aging Switch.
GTA 6 Could Generate Over $1 Billion From Pre-Orders Alone, Analysts SayGTA 6 is projected to generate over $1 billion in pre-orders and $3 billion in revenue within its first year, setting new records.
Switch On Pace For Its Worst Sales Year But Is "Stable" For A Console So OldNintendo has revised down its sales forecast for Switch consoles and games for the current fiscal year.
Nintendo cuts sales forecast as Switch console ages without successor in sightNintendo's net profit fell by 60% in the first half, prompting a downgrade in annual sales forecast amid fading interest in the aging Switch.
GTA 6 Could Generate Over $1 Billion From Pre-Orders Alone, Analysts SayGTA 6 is projected to generate over $1 billion in pre-orders and $3 billion in revenue within its first year, setting new records.
Switch On Pace For Its Worst Sales Year But Is "Stable" For A Console So OldNintendo has revised down its sales forecast for Switch consoles and games for the current fiscal year.
Apple CEO Tim Cook promises iPhone sales will rebound after AI features were slow to roll outApple's shares rose after positive sales forecasts and expected recovery in iPhone sales as AI features are introduced.
Apple reportedly cuts Vision Pro production due to low demandApple cut orders for Vision Pro, expects lower sales than anticipated, impacting future plans for mixed reality headset.
It doesn't matter how many Vision Pro headsets Apple sellsApple's Vision Pro headset production cut to 400,000-450,000 units; sales may not meet initial expectations.
Apple CEO Tim Cook promises iPhone sales will rebound after AI features were slow to roll outApple's shares rose after positive sales forecasts and expected recovery in iPhone sales as AI features are introduced.
Apple reportedly cuts Vision Pro production due to low demandApple cut orders for Vision Pro, expects lower sales than anticipated, impacting future plans for mixed reality headset.
It doesn't matter how many Vision Pro headsets Apple sellsApple's Vision Pro headset production cut to 400,000-450,000 units; sales may not meet initial expectations.
Tesla 2025 sales target gets tepid take from Wall Street analystsTesla's 2025 vehicle sales forecast sees a modest rise despite analysts' pessimism due to external factors like policy changes and competition.
Registrations of electric vehicles continue to fallBEV registrations are declining in Europe and the US, indicating potential slowdown in the EV market.
U.S. EV Sales Headed For Record Q3, Despite Tesla's SlumpEV sales in the U.S. are projected to set a record in Q3 2024 despite Tesla's underwhelming performance.
Global EV sales predicted to top 20 million this yearGlobal EV sales are projected to exceed 20 million by 2025, driven by growth in key markets like China, Europe, and North America.
The EV Slowdown Will Last Another 12-18 Months, Analysts SayAnalysts predict a slowdown in EV sales continues for 12-18 months, but expect a resurgence around 2027.
Tesla 2025 sales target gets tepid take from Wall Street analystsTesla's 2025 vehicle sales forecast sees a modest rise despite analysts' pessimism due to external factors like policy changes and competition.
Registrations of electric vehicles continue to fallBEV registrations are declining in Europe and the US, indicating potential slowdown in the EV market.
U.S. EV Sales Headed For Record Q3, Despite Tesla's SlumpEV sales in the U.S. are projected to set a record in Q3 2024 despite Tesla's underwhelming performance.
Global EV sales predicted to top 20 million this yearGlobal EV sales are projected to exceed 20 million by 2025, driven by growth in key markets like China, Europe, and North America.
The EV Slowdown Will Last Another 12-18 Months, Analysts SayAnalysts predict a slowdown in EV sales continues for 12-18 months, but expect a resurgence around 2027.
Existing-home sales finish a dismal year on a high noteHome prices are rising, yet 2024 sales reached their lowest in nearly 30 years, indicating a challenging market.
Majestic set to sell a bottle of Champagne every five seconds this Christmas - London Business News | Londonlovesbusiness.comMajestic forecasts a spike in festive sales this Christmas, particularly in Champagne, Rosé, and English wines, as consumers seek unique beverage options.
Back to Black: Forget 'Beige Friday' as Parcelhero predicts that Black Friday will dazzle this year - London Business News | Londonlovesbusiness.comBlack Friday 2023 is expected to recover significantly, projected at £7.5 billion in sales after last year's low performance.
Nintendo expects to sell fewer Switches than planned as new model loomsNintendo's Switch sales declines have led to a downgraded sales forecast, reflecting challenges as the console ages.New releases are helping to boost sales mildly, but the future relies on a next-gen console's launch.
Nintendo has no plans to fast-track Switch 2 announcement as Switch sales fall fastNintendo plans to announce Switch 2 by March 2025 despite sales drop.Nintendo is lowering sales forecasts due to declining Switch hardware sales.An announcement of Switch 2 in 2024 is unlikely according to analysts.
Switch 2 Shouldn't Be Impacted By Any Chip Shortages, Nintendo SaysNintendo officially confirms Switch 2 in development, focusing on building upon Switch's success with strategic communication and sales forecast adjustments.
Nintendo to announce Switch successor before March 2025Nintendo plans to unveil a Switch successor within the fiscal year ending March 2025, not at the upcoming Nintendo Direct in June.
Nintendo expects to sell fewer Switches than planned as new model loomsNintendo's Switch sales declines have led to a downgraded sales forecast, reflecting challenges as the console ages.New releases are helping to boost sales mildly, but the future relies on a next-gen console's launch.
Nintendo has no plans to fast-track Switch 2 announcement as Switch sales fall fastNintendo plans to announce Switch 2 by March 2025 despite sales drop.Nintendo is lowering sales forecasts due to declining Switch hardware sales.An announcement of Switch 2 in 2024 is unlikely according to analysts.
Switch 2 Shouldn't Be Impacted By Any Chip Shortages, Nintendo SaysNintendo officially confirms Switch 2 in development, focusing on building upon Switch's success with strategic communication and sales forecast adjustments.
Nintendo to announce Switch successor before March 2025Nintendo plans to unveil a Switch successor within the fiscal year ending March 2025, not at the upcoming Nintendo Direct in June.
Snap Stock Gains. Third Quarter Beat Expectations But Q4 Forecast Misses.Snap's third-quarter earnings exceeded forecasts but Q4 sales forecast fell slightly short of expectations, highlighting mixed results.
from Business Insider4 months agoApple Intelligence will drive sales for iPhone 16. Just wait for it, analyst says.Analysts believe iPhone 16 sales will improve as Apple introduces AI features in future software updates, despite initial slow demand.
Why is Nike's stock price down? NKE shares plunge after gloomy sales warningNike's stock tumbles due to lower-than-expected revenue in Q4 2024 and bleak sales forecast for fiscal 2025.
Nike stock plunges on surprise forecast of drop in salesNike's stock plunged 20 percent due to a sales drop forecast amid competition from upstart brands like On and Hoka.
Abercrombie & Fitch Just Blew Out Earnings and is Up 153% Over the Past Year: Is it a Buy?Abercrombie & Fitch has raised its sales forecast after exceeding Q2 revenue expectations, but investors have responded with caution due to high expectations.
Why is Nike's stock price down? NKE shares plunge after gloomy sales warningNike's stock tumbles due to lower-than-expected revenue in Q4 2024 and bleak sales forecast for fiscal 2025.
Nike stock plunges on surprise forecast of drop in salesNike's stock plunged 20 percent due to a sales drop forecast amid competition from upstart brands like On and Hoka.
Abercrombie & Fitch Just Blew Out Earnings and is Up 153% Over the Past Year: Is it a Buy?Abercrombie & Fitch has raised its sales forecast after exceeding Q2 revenue expectations, but investors have responded with caution due to high expectations.
Amazon shares plummet on weak sales forecast despite CEO touting cloud growthAmazon forecasted lower sales, despite beating profit estimates
Switch 2 will be revealed before April 2025, promises NintendoNintendo confirms successor to Nintendo Switch to be announced before April 2025.
The Nintendo Switch Is on the Verge of Making Console HistoryNintendo Switch becomes third best-selling console of all time with 139.36 million units sold.Nintendo increases sales forecast for Switch, possibly aiming for top spot.
Nintendo believes the Switch will overtake the Nindendo DS year to become the company's best-selling platformNintendo predicts Switch will surpass the DS as their best-selling platform.
Switch 2 will be revealed before April 2025, promises NintendoNintendo confirms successor to Nintendo Switch to be announced before April 2025.
The Nintendo Switch Is on the Verge of Making Console HistoryNintendo Switch becomes third best-selling console of all time with 139.36 million units sold.Nintendo increases sales forecast for Switch, possibly aiming for top spot.
Nintendo believes the Switch will overtake the Nindendo DS year to become the company's best-selling platformNintendo predicts Switch will surpass the DS as their best-selling platform.
The Drum's Daily Briefing: TikTok US ban greenlit, Gucci falters, Spotify profit boostPotential ban on TikTok in the US if not sold to a US-based company within one yearGucci sales expected to decrease significantly in the first half of 2024
Impressive-Sounding PS5 Pro Specs And Release Window Reportedly LeakedRumored PlayStation 5 Pro details leaked with improved specs and potential release in Q4 2024.Specs include High CPU Frequency, faster GPU with advanced ray tracing, detachable disc drive, and new upscaling techniques.
Sony says no 'no existing major franchise titles' until March 2025PlayStation generated $96 million in revenue during the Holiday quarter.Sony cuts sales forecast for major franchises for the next fiscal year.
PS5 Pro Could Launch Just In Time For GTA 6, Analysts PredictAnalysts predict PS5 Pro release in 2024, anticipating GTA 6 launch boost.Sony cuts PS5 sales forecast; considering PS5 Pro launch will maintain pricing.
PS5 Misses Ambitious Sales Target, Now In "Latter Stage" Of Its Life CyclePS5 has entered the latter stage of its life cycle, according to Sony.Sony predicts sales of PS5 to start slowing down in the next fiscal year.
Impressive-Sounding PS5 Pro Specs And Release Window Reportedly LeakedRumored PlayStation 5 Pro details leaked with improved specs and potential release in Q4 2024.Specs include High CPU Frequency, faster GPU with advanced ray tracing, detachable disc drive, and new upscaling techniques.
Sony says no 'no existing major franchise titles' until March 2025PlayStation generated $96 million in revenue during the Holiday quarter.Sony cuts sales forecast for major franchises for the next fiscal year.
PS5 Pro Could Launch Just In Time For GTA 6, Analysts PredictAnalysts predict PS5 Pro release in 2024, anticipating GTA 6 launch boost.Sony cuts PS5 sales forecast; considering PS5 Pro launch will maintain pricing.
PS5 Misses Ambitious Sales Target, Now In "Latter Stage" Of Its Life CyclePS5 has entered the latter stage of its life cycle, according to Sony.Sony predicts sales of PS5 to start slowing down in the next fiscal year.