Nintendo Switch 2 Sales Plunge Amid Memory Crisis; Bernstein Calls It "Not A Good Result"
Summary
Nintendo Switch 2 Sales Plunge Amid Memory Crisis; Bernstein Calls It "Not A Good Result" Nintendo Switch 2 sales came in materially below Wall Street expectations . Second quarter earnings showed a 41% decline in sales as price increases, shortages, and the memory crisis weighed on demand The Kyoto-based gaming company sold 2.67 million consoles in the three months ended Sept. 30, down from 3.82 million in the previous quarter . Nintendo hiked prices in the US, Canada, and Japan as a global memory chip shortage drove up component costs. Revenue for the quarter totaled $2.8 billion, below the…
Description from Zero Hedge.
Who is covering this
-
Nintendo Switch 2 Sales Plunge Amid Memory Crisis; Bernstein Calls It "Not A Good Result"
Nintendo Switch 2 Sales Plunge Amid Memory Crisis; Bernstein Calls It "Not A Good Result" Nintendo Switch 2 sales came in materially below Wall Street expectations . Second quarter earnings showed a 41% decline in sales as price increases, shortages, and the memory crisis...
Low reliability sourceElevated risk
Related stories
Why it's important to use a microSD Express card with your Nintendo Switch 2
Wall Street drops to worst day since June after tech stocks sell-off deepens
Euphoria turns to raw fear on Wall Street
Review: The Legend of Zelda: Ocarina of Time remake is superb, streamlined and safe
Why it's important to use a microSD Express card with your Nintendo Switch 2
Comments
Comments need JavaScript.