Nintendo President Shuntaro Furukawa speaks at a news conference in Tokyo, Japan January 31, 2020. REUTERS/Kim Kyung-Hoon
Nintendo launched a handheld-only version of its console in September, driving demand for the Switch through the year-end shopping season. The company’s shares were trading down nearly 5% in Tokyo, their lowest since early November. The benchmark index was up 1.4%. Nintendo has already sold 17.7 million units in the nine months ended December, taking total Switch sales to more than 52 million units, with the launch of an Animal Crossing title in late March likely to help boost sales.
Waiting for the day when Disney figures out that Nintendo is the next piece of the puzzle they need for market domination in multimedia.