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Nintendo shaves its Switch console forecast by 10%

  • Posted byby Dean Takahashi
  • Updated
  • 1 min

Wary of the downturn and a chip shortage, Nintendo cut back its forecast for Switch console sales by 10% to 19 million for the fiscal year ending March 31.

The Kyoto-based company said its operating profit was $809 million in the quarter ended September 30, up from $683 million in the same quarter a year ago.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.