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Nintendo bides time until Switch 2.

With no big movies or The Legend of Zelda games this quarter, Nintendo’s gross profits have fallen by 45 percent compared to the same period last year. Sales of Nintendo Switch hardware, now in its eighth year since launch, have also “decreased significantly year-on-year” — and we may not see a notable improvement until the company announces its highly anticipated next-gen console sometime in 2025.

With no big movies or TheLegend of Zelda games this quarter, Nintendo’s gross profits have fallen by 45 percent compared to the same period last year. Sales of Nintendo Switch hardware, now in its eighth year since launch, have also “decreased significantly year-on-year” — and we may not see a notable improvement until the company announces its highly anticipated next-gen console sometime in 2025. This slide from Nintendo’s latest quarterly earnings report highlights low, yet stable, hardware and game sales.

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