Nintendo Hikes Profit Forecast as Switch Battles On 

People look at merchandise on display at a Nintendo store in central Tokyo on November 6, 2023. (AFP)
People look at merchandise on display at a Nintendo store in central Tokyo on November 6, 2023. (AFP)
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Nintendo Hikes Profit Forecast as Switch Battles On 

People look at merchandise on display at a Nintendo store in central Tokyo on November 6, 2023. (AFP)
People look at merchandise on display at a Nintendo store in central Tokyo on November 6, 2023. (AFP)

Nintendo on Tuesday raised its operating profit forecast for the financial year ending March by 11% to 500 billion yen ($3.32 billion) as its aging Switch console continues to attract gamers.

The Kyoto-based gaming firm has extended the lifecycle of the hybrid home/portable device, now in its seventh year in the market, through a series of heavy-hitting games.

Nintendo sold 6.84 million Switch units in the first six months of the financial year, a slight increase on the 6.68 million units it sold in the same period last year.

Critically acclaimed titles this year include "The Legend of Zelda: Tears of the Kingdom", which went on sale in May, and "Super Mario Bros. Wonder" which launched in October.

Nintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie.

Nintendo maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier.

This year has been a stand-out one for the release of new games across the industry, after the pandemic caused widespread disruption to development.

Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.



Tesla Recalling Almost 700,000 Vehicles due to Tire Pressure Monitoring System Issue

16 June 2015, Ebringen: The logo of Tesla electric vehicle company is pictured on an S model vehicle. (dpa)
16 June 2015, Ebringen: The logo of Tesla electric vehicle company is pictured on an S model vehicle. (dpa)
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Tesla Recalling Almost 700,000 Vehicles due to Tire Pressure Monitoring System Issue

16 June 2015, Ebringen: The logo of Tesla electric vehicle company is pictured on an S model vehicle. (dpa)
16 June 2015, Ebringen: The logo of Tesla electric vehicle company is pictured on an S model vehicle. (dpa)

Tesla is recalling almost 700,000 vehicles because of an issue with the warning light on the tire pressure monitoring system.

According to a letter Thursday from the National Highway Traffic Safety Administration, the recall includes certain 2024 Cybertruck, 2017-2025 Model 3, and 2020-2025 Model Y vehicles.

The issue is that the tire pressure monitoring system warning light on the vehicles may not remain illuminated between drive cycles, failing to warn the driver of low tire pressure. Driving with improperly inflated tires can increase the risk of a crash.

The Elon Musk-led automaker said it's providing a free software update to fix the problem, The AP reported.

Owner notification letters are expected to be mailed on Feb.15, 2025. Tesla customer service can be reached at 1-877-798-3752 for more information. Individuals may also call the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 or visit their website at www.nhtsa.gov.

Tesla has been dealing with recalls throughout the year. Its Cybertruck is now up to its seventh recall of the year, with one last month that involved around 2,400 vehicles.

Musk’s Tesla delivered the first dozen or so of its futuristic Cybertruck pickups to customers in November 2023, two years behind the original schedule.

In July the automaker recalled more than 1.8 million vehicles because of a hood issue that could increase the risk of a crash. And in February Tesla recalled nearly 2.2 million vehicles in the US because some warning lights on the instrument panel are too small.