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Nintendo Switch sales halve as market awaits successor device

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TOKYO (Reuters) -Japan's Nintendo said on Friday it sold 2.1 million Switch units in the April-June period. Nintendo is eking out sales from its aging...

TOKYO -Japan's Nintendo said on Friday it sold 2.1 million Switch units in the April-June period.Nintendo is eking out sales from its aging hybrid home-portable Switch console as it prepares to launch a successor device, with an announcement due in the current fiscal year.The company has a thin pipeline of titles announced for this year, with upcoming games including "The Legend of Zelda: Echoes of Wisdom" and "Mario & Luigi: Brothership".

Chinese equities have recently faced downward pressure, with the Shanghai Composite Index and the blue-chip CSI 300 both experiencing declines. Despite this, insider ownership remains a key indicator of potential growth, as it often signals confidence from those closest to the company's operations. In this article, we will explore three growth stocks on the Chinese exchange that boast up to 39% insider ownership.

Apple shares held firm after results last night, unlike two other tech heavyweights following heavy selling of Intel and Amazon. Asia markets have fallen sharply and the FTSE 100 index is forecast to open lower after a weak session for US markets last night.

 

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