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    Home » Nintendo reports lower profit as demand for Switch consoles wanes

    Nintendo reports lower profit as demand for Switch consoles wanes

    By SHOOTTuesday, February 4, 2025No Comments240 Views
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    In this June 19, 2018, photo, a logo of Nintendo hangs at Panasonic center in Tokyo. (AP Photo/Koji Sasahara, file)

    By Yuri Kageyama, Business Writer

    TOKYO (AP) --

    Nintendo’s profits tumbled as sales of its Switch console lost momentum, prompting the Japanese video-game maker to lower its full-year forecasts.

    Kyoto-based Nintendo Co., which created the Super Mario franchise, reported Tuesday an April-December profit of 237 billion yen ($1.5 billion), down 42% from the same period the previous year.

    Nine-month sales dropped 31% to 956 billion yen ($6 billion), according to Nintendo, which did not break down quarterly results.

    The company now expects to rake in a 270-billion yen ($1.7 billion) profit for the fiscal year through March, down from the previous forecast for 300-billion yen ($1.9 billion).

    Sales of Nintendo machines for the nine-month period fell to 9.54 million units from 13.7 million last year.

    Nintendo now expects to sell 11 million Switch consoles for the full fiscal year, lower than its initial projection of 12.5 million.

    Game software sales in April-December declined to nearly 124 million from 164 million, although “Super Mario Party Jamboree,” remained popular, with 6.17 million units sold.

    The latest “Legend of Zelda” game software was also in demand, selling 3.4 million units globally after going on sale in September.

    Nintendo said, while demand has dwindled for the Switch, now in its eighth year after its debut, it was still being purchased by a significant number of people. The number of Switch players remains above 100 million, it said.

    Nintendo is banking on its successor, called Switch 2, which goes on sale later this year. Events where people can try it out are rolling out from April around the world.

    Nintendo also noted the opening of Super Nintendo World, an amusement facility, in May at Epic Universe in Orlando, Florida will help woo people to its content.

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    Tags:NintendoSwitch



    Meta says its AI model hacked another company, adding to worries about bots going rogue

    Friday, August 7, 2026
    A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025. (AP Photo/Jeff Chiu, File)

    Meta said Thursday that one of its artificial intelligence models accessed the internet on its own and hacked another company, the latest in a series of disclosures about AI models going rogue.

    In recent weeks OpenAI and Anthropic also have described instances of AI models going beyond humans' instructions to access the web and find ways around other companies' digital security.

    Meta said in a statement that a "misconfiguration" during cybersecurity testing by Irregular, an independent company hired by Meta, inadvertently allowed one of its models to access the internet.

    "The model subsequently exploited a security vulnerability in a third-party service, in a manner similar to previously-reported instances with other companies," the company said. Meta said it is investigating the incident and will issue a report when that's complete.

    The disclosure has added to worries about AI models acting autonomously.

    Separately this week, the United Kingdom's AI Security Institute announced it had found "unsanctioned agent behavior" during cyber testing. In one case, an agent created fake online identities to pressure a person to approve use of malicious code.

    "On investigation, we found that some of the agents being tested had engaged in sustained, potentially harmful activity directed at real people and organizations," AISI said Tuesday. "We declared a security incident and, within roughly one hour of discovery, had contained it and begun a full investigation."

    During the agency's testing, Anthropic and OpenAI models took "autonomous, unsanctioned action" on the internet. Some guardrails to prevent misuse had been disabled, the agency said.

    "As was standard in our cyber testing, we had intentionally permitted internet... Read More

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