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Barca hammer Alaves to retain Liga top spot
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Benvenuto Cellini wins Breeders' Cup Turf
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UK king to address Commonwealth with 'unflinching honesty' amid slavery focus
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Roma thrash Udinese ahead of Milan derby
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US judge dismisses Trump lawsuit against Wall Steet Journal over Epstein letter
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Kane laments Dortmund draw after 'incredible high' of Ballon d'Or
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Polish president holds crisis talks in court standoff
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Spanish village holds memorial mass for train crash victims
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NFL to review new allegations against Packers' Jacobs: reports
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Israeli protesters demand opposition ally with Arab parties to oust Netanyahu
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Le Havre owners sack coach after PSG thrashing
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De Minaur upsets Zverev and will face Alcaraz in Vienna final
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De Minaur upsets Zverev and will face Alacaraz in Vienna final
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Kane misses penalty as Bayern held by Dortmund
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German police, protesters clash after 'Gen Z' demos
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In Mexico City, Day of the Dead parade inspired by 007
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Fresh frustration for Maresca as Man City lose to Brighton
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Rubio flags challenges in finding consensus as G20 talks wrap
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Norris fastest ahead of Antonelli in final Mexico practice
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Zaman's century foils Sri Lanka as Pakistan win tri-series
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Hammers boss Nuno under pressure after West Brom loss
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Bordeaux edge Bayonne to keep pressure on Toulouse
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'Trump betrayed us': Arizona's Latino voters sour on president
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Spanish village gathers for memorial Mass for train crash victims
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Fresh anti-government protest flares in Albania's capital
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Haas sideline Ocon and give 32-year-old Hirakawa F1 debut in Mexico
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Clashes break out as hundreds of thousands protest in France
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Brighton stun Man City, 10-man Man Utd beaten by Chelsea
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German police fire water cannon during tense 'Gen Z' protests
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Erdogan takes Russia, Ukraine to task over Black Sea attacks
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Forced to eat grass, Oleshky evacuees say truce was a 'blessing'
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Leipzig sink Schalke, Fuellkrug's fine form continues
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UK police arrest Palestine Action supporters ahead of Supreme Court hearing
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Germans join Europe's wave of 'Gen Z' protests
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Harmer and Rabada wrap up South Africa series win over Australia
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Polish president holds crisis talks after court standoff
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Senegal kicks off Youth Games, Africa's first ever Olympics
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Police fire tear gas as thousands march in France
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Russia says responding to US report of planned attack on Moscow
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Alcaraz sees off Medvedev to reach Vienna Open final
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Carrick expects Man Utd stay despite Chelsea defeat
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Cummins admits changes may be made after loss to South Africa
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China state TV does not air first La Liga games since Mbappe furore
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Atletico beat Levante to move top above Barcelona
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Thousands turn up for France protests amid tight security
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Chelsea defeat pushes Carrick closer to Man Utd exit
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Our part of Mbappe, China issue over: Real Madrid's Mourinho
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Pogacar 'happy to be alive' after difficult Vuelta crash recovery
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Evacuees from Russian-occupied Oleshky arrive in Ukraine
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South Africa beat Australia by 176 runs in third Test to win series
Nintendo forecasts 15 million Switch 2 sales in 2025-26
Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 console in the current financial year but warned US tariffs could hit its bottom line.
The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5.
While Nintendo is diversifying into theme parks and hit movies, around 90 percent of its revenue still comes from the Switch business, analysts say.
However the unit sales forecast is more conservative than the 16.8 million expected in a survey of Bloomberg economists.
The Switch, a handheld and TV-compatible device that became a must-have gadget during pandemic lockdowns, has sold around 150 million units since its launch in 2017.
For the financial year that ended on March 31, Nintendo reported a 43.2 percent fall in full-year net profit to 278.8 billion yen ($1.9 billion), as gamers wait to splash their cash on the Switch 2.
Nintendo forecast a net profit of 300 billion yen for the current financial year but warned that US trade tariffs could impact its earnings.
"Changes to tariff rates may affect our financial forecast. We will continue to monitor the situation to respond to changes in market conditions," it said.
The company last month revealed details about the Switch 2, a hybrid console like its predecessor.
However the price has raised eyebrows at over a third more than the original Switch in major markets including the United States, where it will cost $449.99.
A Japanese-only version for domestic consumers will cost 49,980 yen ($350).
Nintendo delayed pre-orders for the Switch 2 in the United States by several weeks as it assessed the fallout from President Donald Trump's trade levies.
But last month it boasted of higher-than-expected demand in Japan for pre-orders of the new console.
Ahead of Thursday's earnings release, Atul Goyal of Jefferies said "we expect demand to significantly exceed supplies" of the Switch 2.
Recent news that the next title in the Grand Theft Auto video game series had been postponed to May 2026 is also a positive for Nintendo, Goyal said.
"GTA6 does not have a direct impact on Nintendo, but it sure makes Nintendo's competition far less intense" in terms of game launches, he wrote in a note.
N.Schaad--VB