Nintendo’s shares experienced a decline on Monday following a report indicating a potential delay in the launch of the Switch 2, the upcoming iteration of its popular gaming console. The stock in Japan closed 5.84% lower as Nintendo reportedly informed game publishers about a postponement until the early months of 2025, according to sources familiar with the matter.
Originally aiming for a release toward the end of the current year, Nintendo communicated to game makers that the launch could be pushed into the following year. Investors had been driving up Nintendo’s stock by approximately 53% in the past year, anticipating the release of a new console that could provide a significant boost to the Japanese gaming giant.
Despite the current Switch being almost seven years old, Nintendo has successfully maintained momentum for the console, partly due to the recent release of the “Super Mario Bros. Movie” and a new Zelda game, both of which contributed to increased interest in the device.
In the ongoing fiscal year ending in March, Nintendo raised its forecast for Switch sales from 15 million units to 15.5 million units. However, the company has not disclosed much information about the successor to the Switch. If the reported delay is accurate and the launch indeed occurs in early 2025, Nintendo would miss the crucial holiday season in December.
The creator of the widely played video game Fortnite has emerged victorious in a legal dispute against Google, as a jury determined that the tech giant had engaged in unlawful monopolistic practices.
Read More
Wyze, a smart camera maker, said that some users last week saw footage from cameras that weren’t their own because of a security glitch.
Read More
English 
Turkish