Latest news with #NintendoDS
Miami Herald
9 hours ago
- Business
- Miami Herald
Costco's newest item is impossible to find anywhere else
Anyone who's a Costco (COST) member knows the warehouse-style retailer's deals are so good that the membership fee is worth paying for to gain access. Whether you're a business owner who needs to save money while keeping your establishment stocked, or simply a regular consumer who relishes the prospect of a savvy deal, Costco has you covered. Don't miss the move: Subscribe to TheStreet's free daily newsletter It's also hard not to admire Costco from the business perspective. Aside from its beloved recession-proof $1.50 hot dog, the retailer is also known for paying its employees well and treating them with respect, which is not an easy thing to come by in today's working world. Related: Costco quietly drops popular product, saddens fans Because of the respect Costco has earned as a company, fans tend to watch it very closely for everything from restocks of popular items to even minuscule changes to its famous food menu. Those eagle-eyed fans are about to be very excited, because the retailer just added a website listing showing it intends to sell a product that's about to be in very high demand - and will likely to be impossible to find on release day. Image source: Hennessy/SOPA Images/LightRocket via Getty Images Nintendo fans around the world are eagerly awaiting the release of the company's newest video game console, the Switch 2, on June 5. While limited retailers opened preorders for the portable console, including Target, Walmart, Best Buy, and GameStop, the preorders are sold out at all four locations, leaving those still wanting one to try their hand at a late-night release or risk going without. More Retail: Huge retail chain closing more stores soon (locations revealed)Struggling drugstore chain announces second bankruptcyBeloved discount grocery chain has massive US plans Those same four stores have promised they will have limited amounts of the console in stock as well, but considering the demand that comes around the release of new video game consoles, it's likely it will be very hard to get unless you plan to camp out hours in advance to wait in line. Related: Nintendo's shocking price decision frustrates fans Demand for the Nintendo Switch 2 is predicted to be high. The original Switch has sold 152.2 million units since its original release in March 2017, making it the company's second best-selling console of all time (the Nintendo DS comes in first place). Despite it not appearing on Nintendo's official list of where to purchase the new console come June 5, there is another retailer that will carry it both online and in stores: Costco. Costco now has listed a Switch 2 bundle on its website, which comes with the new console as well as a copy of the new "Mario Kart World" and a card good for a 12-month membership to Nintendo Online, which is required to play the game online with friends. It also comes with an Expansion Pack subscription, which grants users access to a wide library of vintage Nintendo games from prior systems, as well as access to downloadable content for specific Nintendo Switch 2 games. The bundle is limited to one per membership every seven days, likely to prevent scalpers from buying the bundles en masse and reselling them at higher prices. While the bundle's price is not listed yet, the site asks interested parties to check back later, so it should be updated soon. So if you're dying to get your hands on a Switch 2 and have exhausted all your other options, keep your eye on Costco's website, and you just might get lucky. Related: Xbox takes a page from Nintendo's playbook in a move gamers will love The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
IOL News
09-05-2025
- Business
- IOL News
Nintendo forecasts 15 million Switch 2 sales in 2025-26
The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. Image: File Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 console in the current financial year but warned US tariffs could hit its bottom line. The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. While the "Super Mario" maker is diversifying into theme parks and hit movies, around 90 percent of its revenue still comes from the Switch business, analysts say. However the unit sales forecast is more conservative than the 16.8 million expected in a survey of Bloomberg economists. The Switch, a handheld and TV-compatible device that became a must-have gadget during pandemic lockdowns, has sold around 150 million units since its launch in 2017. For the financial year that ended on March 31, Nintendo reported a 43.2 percent fall in full-year net profit to 278.8 billion yen ($1.9 billion), as gamers wait to splash their cash on the Switch 2. It sold 10.8 million Switches, down 31.2 percent year-on-year, while software sales hit 155.4 million units, a decrease of 22.2 percent. Nintendo forecast a net profit of 300 billion yen for the current financial year but warned that US trade tariffs could impact its earnings. "Changes to tariff rates may affect our financial forecast. We will continue to monitor the situation to respond to changes in market conditions," it said. Hot pre-orders The company last month revealed details about the Switch 2, a hybrid console like its predecessor. However the price has raised eyebrows at over a third more than the original Switch in major markets including the United States, where it will cost $449.99. A Japanese-only version for domestic consumers will cost 49,980 yen ($350). Nintendo delayed pre-orders for the Switch 2 in the United States by two weeks as it assessed the fallout from President Donald Trump's trade levies. But last month it boasted of higher-than-expected demand in Japan for pre-orders of the new console. "If final tariffs do not come down... then prices will need to rise further, which will dampen demand," David Gibson of MST Financial told AFP ahead of the earnings release. "But keep in mind Nintendo tends to set the price of its hardware and not change them," he said. Since Trump's first term, Nintendo has been shifting production from China to Vietnam, Gibson said. "So it is likely that 70 percent plus of shipments to the USA for Switch 2 can come from Vietnam and tariffs can be minimised."
Int'l Business Times
08-05-2025
- Automotive
- Int'l Business Times
Nintendo Forecasts 15 Million Switch 2 Sales In 2025-26
Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 console in the current financial year but warned US tariffs could hit its bottom line. The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. While Nintendo is diversifying into theme parks and hit movies, around 90 percent of its revenue still comes from the Switch business, analysts say. However the unit sales forecast is more conservative than the 16.8 million expected in a survey of Bloomberg economists. The Switch, a handheld and TV-compatible device that became a must-have gadget during pandemic lockdowns, has sold around 150 million units since its launch in 2017. For the financial year that ended on March 31, Nintendo reported a 43.2 percent fall in full-year net profit to 278.8 billion yen ($1.9 billion), as gamers wait to splash their cash on the Switch 2. Nintendo forecast a net profit of 300 billion yen for the current financial year but warned that US trade tariffs could impact its earnings. "Changes to tariff rates may affect our financial forecast. We will continue to monitor the situation to respond to changes in market conditions," it said. The company last month revealed details about the Switch 2, a hybrid console like its predecessor. However the price has raised eyebrows at over a third more than the original Switch in major markets including the United States, where it will cost $449.99. A Japanese-only version for domestic consumers will cost 49,980 yen ($350). Nintendo delayed pre-orders for the Switch 2 in the United States by several weeks as it assessed the fallout from President Donald Trump's trade levies. But last month it boasted of higher-than-expected demand in Japan for pre-orders of the new console. Ahead of Thursday's earnings release, Atul Goyal of Jefferies said "we expect demand to significantly exceed supplies" of the Switch 2. Recent news that the next title in the Grand Theft Auto video game series had been postponed to May 2026 is also a positive for Nintendo, Goyal said. "GTA6 does not have a direct impact on Nintendo, but it sure makes Nintendo's competition far less intense" in terms of game launches, he wrote in a note.
Yahoo
08-05-2025
- Business
- Yahoo
Nintendo forecasts 15 million Switch 2 sales in 2025-26
In early April, Nintendo revealed details about the Switch 2, a hybrid console like its predecessor (Dimitar DILKOFF) Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 console in the current financial year but warned US tariffs could hit its bottom line. The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. While the "Super Mario" maker is diversifying into theme parks and hit movies, around 90 percent of its revenue still comes from the Switch business, analysts say. However the unit sales forecast is more conservative than the 16.8 million expected in a survey of Bloomberg economists. The Switch, a handheld and TV-compatible device that became a must-have gadget during pandemic lockdowns, has sold around 150 million units since its launch in 2017. For the financial year that ended on March 31, Nintendo reported a 43.2 percent fall in full-year net profit to 278.8 billion yen ($1.9 billion), as gamers wait to splash their cash on the Switch 2. It sold 10.8 million Switches, down 31.2 percent year-on-year, while software sales hit 155.4 million units, a decrease of 22.2 percent. Nintendo forecast a net profit of 300 billion yen for the current financial year but warned that US trade tariffs could impact its earnings. "Changes to tariff rates may affect our financial forecast. We will continue to monitor the situation to respond to changes in market conditions," it said. - Hot pre-orders - The company last month revealed details about the Switch 2, a hybrid console like its predecessor. However the price has raised eyebrows at over a third more than the original Switch in major markets including the United States, where it will cost $449.99. A Japanese-only version for domestic consumers will cost 49,980 yen ($350). Nintendo delayed pre-orders for the Switch 2 in the United States by two weeks as it assessed the fallout from President Donald Trump's trade levies. But last month it boasted of higher-than-expected demand in Japan for pre-orders of the new console. "If final tariffs do not come down... then prices will need to rise further, which will dampen demand," David Gibson of MST Financial told AFP ahead of the earnings release. "But keep in mind Nintendo tends to set the price of its hardware and not change them," he said. Since Trump's first term, Nintendo has been shifting production from China to Vietnam, Gibson said. "So it is likely that 70 percent plus of shipments to the USA for Switch 2 can come from Vietnam and tariffs can be minimised."
France 24
08-05-2025
- Business
- France 24
Nintendo forecasts 15 million Switch 2 sales in 2025-26
The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. While Nintendo is diversifying into theme parks and hit movies, around 90 percent of its revenue still comes from the Switch business, analysts say. However the unit sales forecast is more conservative than the 16.8 million expected in a survey of Bloomberg economists. The Switch, a handheld and TV-compatible device that became a must-have gadget during pandemic lockdowns, has sold around 150 million units since its launch in 2017. For the financial year that ended on March 31, Nintendo reported a 43.2 percent fall in full-year net profit to 278.8 billion yen ($1.9 billion), as gamers wait to splash their cash on the Switch 2. Nintendo forecast a net profit of 300 billion yen for the current financial year but warned that US trade tariffs could impact its earnings. "Changes to tariff rates may affect our financial forecast. We will continue to monitor the situation to respond to changes in market conditions," it said. The company last month revealed details about the Switch 2, a hybrid console like its predecessor. However the price has raised eyebrows at over a third more than the original Switch in major markets including the United States, where it will cost $449.99. A Japanese-only version for domestic consumers will cost 49,980 yen ($350). Nintendo delayed pre-orders for the Switch 2 in the United States by several weeks as it assessed the fallout from President Donald Trump's trade levies. But last month it boasted of higher-than-expected demand in Japan for pre-orders of the new console. Ahead of Thursday's earnings release, Atul Goyal of Jefferies said "we expect demand to significantly exceed supplies" of the Switch 2. Recent news that the next title in the Grand Theft Auto video game series had been postponed to May 2026 is also a positive for Nintendo, Goyal said. "GTA6 does not have a direct impact on Nintendo, but it sure makes Nintendo's competition far less intense" in terms of game launches, he wrote in a note. © 2025 AFP
