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In its first sales forecast, Nintendo said it expects to sell 15 million Switch 2 units in the fiscal year ending March 2026. The new console is due to go on sale in the U.S. June 2025. Revenue and profit plunged in the fourth quarter, the Japanese video game company said, although this was largely …
Reports summary 31st July 2024 -1st August 2024 Amazon offers weak guidance citing Olympics and the Trump assassination attempt as cause (consumers are distracted). However, Amazon’s cloud unit reports 19% revenue growth, topping estimates and a 20% increase in business in Q2. Amazon stocks pull back after guidance update. Intel endures a 22% share plunge …
Nintendo said on Wednesday 8th November 2023 it plans to develop a live-action film of The Legend of Zelda, one of its most popular game franchises. Nintendo has been encouraged by the success of The Super Mario Bros. Movie which has generated more than $1 billion at the box office since its April 2023 release. …
Nintendo reported better-than-expected sales and profit for fiscal Q2 on Tuesday 6th November 2023 as it continues to benefit from the Zelda game released this year and from the Super Mario Movie. Nintendo said it sold 6.84 million Switch consoles in the April to September period, up 2.4% year-on-year. The company maintained its forecast for …
Revenue up 50% year-on-year, thanks to Zelda Nintendo Co. has reported a new high for its first-quarter profit, thanks to the blockbuster launch of its latest Legend of Zelda game. The Legend of Zelda: Tears of the Kingdom, released in May 2023, sold more than 18.5 million copies in the first quarter and received universal …
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The video game industry is experiencing sluggish growth in 2024 for several reasons Slow console sales Gaming console sales have not met expectations. For example, sales of Sony’s PlayStation 5 have decreased from 3.3 million units in the same period last year to 2.4 million units in the fiscal first quarter of 2024. Post-Pandemic The …
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Brief ARM history Arm is a British semiconductor and software design company that is known for its Arm processors, which are widely used in smartphones, tablets, laptops, and other devices. Arm was founded in 1990 as a joint venture between Acorn Computers, Apple Computer, and VLSI Technology. The company was originally called Advanced RISC Machines, …