Switch Inc. Stock News

Switch (SWCH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The 3DS and Wii U shops'' days are numbers. In a new support page, Nintendo has revealed that it''s shutting down the eShops for the Wii U system and the 3DS family of consoles in late March 2023. That means after that date, you won''t be able to purchase any content from the shops anymore, download demos and redeem download codes. The shutdown process will start much earlier than March next year, though: You won''t be able to use a credit card to add funds to your eShop account starting on May 23rd, 2022. Further, while retailers will sell Nintendo eShop Card cards until supplies last, you can''t use them to add funds to your account anymore starting on August 29th, 2022. You can add as much funds as you want until those dates, however, and you can redeem download codes until late March 2023. After the eShops officially shut down, you can only use them to redownload any content you already own and to install software updates. Nintendo wrote in the FAQ section of the page that the the move "is part of the natural lifecycle for any product line as it becomes less used by consumers over time." Both systems are getting up there in years, and Nintendo stopped manufacturing the 3DS back in 2020.

Billionaire hedge fund manager Paul Singer''s Elliot Management opened a new position in Switch (SWCH) with 5.79M shares, according to the fund''s most recent 13-F filing. Boosted stake…

While the company was non-committal on the quantum of fund raise for Ohm, ET learns the company may be looking at raising anywhere between $50-100 million and the negotiations are in the final stages.

The company said it is in talks with investors for both Switch and e-mobility as a service. Last July, US-based drivetrain-maker Dana had bought 1% stake in Switch for $18 mn

Image: Activision Blizzard Microsoft president Brad Smith has said that it wants to bring the Call of Duty series to Switch, assuming its purchase of Activision Blizzard goes ahead as planned. Smith made the comments in an interview with CNBC, in which he once again made clear that Microsofts $68.7 billion acquisition of Activision Blizzard [] Microsoft Wants Call Of Duty On Switch, Along With Other Popular Activision Blizzard Games

Klonoa fans rejoice! Remakes for the original two games in Bandai Namco''s 2.5D platformers.

Nintendo announced today that No Man''s Sky is coming to Switch.

"The Switch is ready to break a pattern of our past consoles that saw momentum weakening in their sixth year on the market and grow further," Nintendo president said.

Back in November last year, the Switch reached a major sales milestone having sold 92.87 million units worldwide. I predicted it would overtake the Wii, and it now has with over 100 million units sold worldwide.

Nintendo (NTDOY) shares slipped after the Japanese video game company posted results for the nine months ending December 31, 2021, and said its popular Switch console surpassed the Wii,

The Nintendo Switch console has now outsold the Wii but the Japanese video games giant cut its forecast for Switch sales this fiscal year.

As part of its quarterly earnings report, Nintendo revealed that it has now sold over 103.5 million Switch consoles. The post Switch is Now Nintendo’s Best-Selling Console of All-Time appeared first on Thurrott.com .

Nintendo’s latest financial results state that the new Switch OLED got off to a “good start” following its launch last October, selling 10.67 million units…

Nintendo’s latest financial results state that the new Switch OLED got off to a “good start” following its launch last October, selling 10.67 million units…