Ouch.
Yesterday, Nintendo shared financial data, sales figures and more from its Nine Months Earnings Release, revealing that it has slashed its bold 20 million Switch hardware sales target for the financial year. As is becoming a somewhat usual occurrence, the company's stock has fallen by a dramatic amount as a result, with investors seemingly unhappy with the change.
The revised target was put in place "based on sales status for the nine months ended December 31, 2018", as well as the company's "future outlook", with the gaming giant now forecasting 17 million Switch hardware sales in the financial year ending March 2019, instead of the original 20 million target. The news has caused a 9.19% drop today, according to Bloomberg's latest data.
Read the full article on nintendolife.com
from Nintendo Life | Latest Updates http://bit.ly/2GeMt4s
https://ift.tt/eA8V8J February 01, 2019 at 11:00PM http://bit.ly/1licIau
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