TECH - Nintendo Confirms Next-Gen Gaming Console Set To Debut Within This Fiscal Year | Benzinga
Japanese multinational consumer electronics and video game company, Nintendo Co., Ltd. (OTC:NTDOY), has announced plans to unveil a successor to its popular Switch console during the fiscal year ending March 2025.
What Happened: Nintendo, based in Kyoto, has been prolonging the lifespan of the Switch with successful titles such as “The Legend of Zelda: Tears of the Kingdom.” The company projects to sell 13.5 million Switch units in the current fiscal year, capitalizing on the potential of the aging device.
Despite this, Nintendo has withheld further information about the new hardware, stating that no disclosure will be made at its Nintendo Direct presentation in June, Reuters reported on Tuesday.
The announcement of a new model could impact current Switch sales. “A lot of users will now hold off buying the current Switch as they know that the new model will come out sometime in 2025,” stated Serkan Toto, founder of Kantan Games consultancy.
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