A screen displaying the characters from the Animal Crossing series video game at a Nintendo store in Tokyo. - AFP
TOKYO: Japan's Nintendo Co Ltd said on Thursday that sales of its Switch console fell 12% in the April-June quarter, in a sign that demand for the hit device may be fading in its fifth year on the market.
Investors are watching gaming firms closely for signs of a tail off in the sales boom during the COVID-19 pandemic. Nintendo is highly dependent on the cyclical console business, with devices traditionally peaking around the fifth year.
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