Nintendo Q1 profits decline 55% as the Switch nears the end of its lifecycle

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Nintendo reported a significant decrease in sales and net profit for the first quarter of FY2025, in what marks the eighth year of the Nintendo Switch console.

The publisher saw decreases across all segments, which it attributed to Q1 2025 being relatively quiet in terms of releases compared to the same period last year, which saw the launch of The Legend of Zelda: Tears of the Kingdom.

For three months ended June 30, 2024:

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