Published: Sat, February 02, 2019
Culture&Arts | By Drew Collins

Nintendo chief: Seeking growth sources as Switch sales slow

Nintendo chief: Seeking growth sources as Switch sales slow

A new report suggests that Nintendo is looking to release a smaller more affordable version of the Switch as early as April of 2019. However, in its attempts, the company also announced that it will be revealing yet another mobile game this year.

The Switch is a hybrid game machine that works both as a console and a tablet.

Operating profit for October-December was 158.6 billion yen ($1.46 billion), the highest in nine years and the second consecutive third-quarter rise.

Nintendo's latest portable console the Switch has become a huge global seller, helped by the release of innovative, family-friendly titles that have wowed critics and gamers alike.

Even better, a Switch with built-in controllers could safely bring back the brilliant d-pad that Nintendo practically invented all those decades back. You're gonna be waiting about four years according to Nintendo president, Shuntaro Furukawa, who said during the company's financial results briefing that "the development of animated film based on "Super Mario Bros." with Illumination is moving along for an anticipated theatrical release around 2022".

The stock closed up 2 percent ahead of the earnings. Role-playing game "Dragalia Lost", developed with CyberAgent Inc, got off to a strong start supported by heavy ad spending but is underperforming expectations, CyberAgent CEO Susumu Fujita said on Wednesday. Action-puzzle game Dr. Mario World will debut in summer 2019.

Nintendo also cut its sales forecast for its 3DS device to 2.6 million units from 4 million previously.

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