Nintendo is hoping that the Switch 2 will help boost console sales. The current-generation Switch was released way back in March 2017 and has now reached an almost eight-year lifetime. Most console makers tend to wait roughly six to seven years before replacing them with a new model.
Nintendo took in net profit of 27.7 billion Japanese yen ($178.2 million) in its September quarter, down around 69% year-over-year. Company revenues sank 17% year-over-year to 276.7 billion Japanese yen.