"Awful News": Nintendo Shares Get 'Donkey Konged' After Switch 2 Production Cut [zero hedge]
NINTENDO CO LTD UNSP/ADR (NTDOY)
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Source: zero hedge
"Awful News": Nintendo Shares Get 'Donkey Konged' After Switch 2 Production Cut Nintendo shares in Tokyo tumbled overnight after Bloomberg reported that the gaming company has slashed production of the Switch 2 handheld amid soft holiday-season demand and underwhelming U.S. sales. *NINTENDO CUTS SWITCH 2 OUTPUT BY OVER 30% ON WEAK HOLIDAY SALES wait, wasn't this thing supposed to be as popular as chatgpt? — zerohedge (@zerohedge) March 24, 2026 Nintendo is expected to produce 4 million Switch 2 units instead of the originally planned 6 million, with the lower production rate expected to continue into the second quarter. Despite a record June 2025 launch and 17.37 million units sold since release, management appears disappointed that momentum and hype for the Switch 2 have faded. Japan has held up better than overseas markets, helped by a cheaper domestic-only variant, while U.S. demand has been soft. " This hardware shortfall in its first year, during its big holiday season, is awful
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News
- Nintendo Dropped a Switch 2 Update With a New Mode You'll Want to Turn On Immediately [CNET News]CNET News
- Nintendo reportedly cuts back on Switch 2 production due to weak sales in the U.S. [Yahoo! Finance]Yahoo! Finance
- This Upcoming Game Shows How Nintendo Switch 2 Game Cards Should Be [Forbes]Forbes
- Nintendo's stock is paying the price as investors fret over weaker Switch 2 sales in the US [Yahoo! Finance]Yahoo! Finance
- Nintendo Switch 2 Production Cut 33% Following Weak Holiday Sales, Report Claims [Yahoo! Finance]Yahoo! Finance